Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Level 2
posted Mar 8, 2024 6:33:26 PM

'Form 8938: ... must be entered' error

 

 

Hello all,

I am seeing this error message (Form 8938: ... must be entered) for every empty cell in 14. Other foreign assets and 13. Foreign deposit and custodial accounts.

For 14.Other foreign assets , I don't have anything to report for these items.

For 13. Foreign deposit and custodial accounts, I filled in one cell per row if I had anything to report (as suggested by TurboTax), but TurboTax requests that I have to fill in the other cell.

How can I fix this error?

0 1 760
1 Best answer
Level 2
Mar 9, 2024 12:53:36 PM

The reason was that I put '0' into the form below when I was reporting foreign financial asset. For example, if I don't have Royalties, I must not put 0, but leave it as empty.

 

1 Replies
Level 2
Mar 9, 2024 12:53:36 PM

The reason was that I put '0' into the form below when I was reporting foreign financial asset. For example, if I don't have Royalties, I must not put 0, but leave it as empty.