Why does "do not file" show up on my form 8938?

ihatefascists · ‎February 21, 2021

LinaJ2020 · ‎February 22, 2021

Because it is not available yet. As of today, it is not available for e file yet. The IRS expects to approve the form 8938 on TurboTax e-file as 02/25/2021.

If you live in the US and meet one of the following criteria, you would need to file a Form 8938.

Unmarried individual (or married filing separately): Total value of assets was more than $50,000 on the last day of the tax year, or more than $75,000 at any time during the year.
Married individual filing jointly: Total value of assets was more than $100,000 on the last day of the tax year, or more than $150,000 at any time during the year.

For more information, click here: https://www.irs.gov/businesses/comparison-of-form-8938-and-fbar-requirements

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