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Level 2
posted Apr 9, 2020 4:59:12 PM

Form 8938 asking for Entries not relevant causing errors

I have 1 number that is Interest on a Foreign Account and 1 number that is a total Dividend amount on a foreign stock. (They are both from an inheritance received in 2019) That's it, that's all I have to report. They're quite small numbers.

 

Form 8938 is insisting I fill in Information that I do possess to fill in??  There is no Royalties etc on either account. Only the figures I have already entered.

 

How do I get Turbo Tax to see this as NOT errors! Attaching screenshot.

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1 Replies
Expert Alumni
Apr 12, 2020 6:51:28 AM

You interest should be listed as 1040 line 2b and dividends as 1040 line 3a or 3b.   I would suggest you delete this information in TurboTax and reenter the information.