form8938

Hi, I have a question about how to report capital losses on Form 8938 (Part III) in TurboTax.

On my Schedule D, I have a total realized capital loss of -45,086, but on Form 1040, only -3,000 is deducted due to the annual limitation.

For Form 8938 (FATCA reporting), should I enter the full realized loss -45,086 as shown on Schedule D line 15, or only the deductible amount -3,000 from Form 1040?

I understand Form 8938 is an information-reporting form under FATCA rather than a tax-calculation form, but I’d like to confirm what TurboTax expects in this field.

Thank you!

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