To get to the 8938 section in TurboTax, follow these steps: Open or continue your return. Navigate to the 8938 section: TurboTax Online/Mobile: Go to 8938. TurboTax Desktop: Search for 8938 and select the Jump to link. On the Foreign Financial Assets screen, select Yes, I have foreign financial assets. Carefully follow the onscreen instructions. If you need Form 8938, we'll fill it out for you.Note: Foreign real estate isn't considered a foreign financial asset, nor are foreign investments (if owned through a US brokerage or listed on a US exchange) or money in a foreign branch of a US bank. Form 8938 isn't required in these situations.

Question

Could you kindly tell me how to submit Form 8938? It is the first time for me.

Forum|Forum|1 year ago
March 8, 2025
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M

MAK70

To get to the 8938 section in TurboTax, follow these steps:

Open or continue your return.
Navigate to the 8938 section:
- TurboTax Online/Mobile: Go to 8938.
- TurboTax Desktop: Search for 8938 and select the Jump to link.
On the Foreign Financial Assets screen, select Yes, I have foreign financial assets.
Carefully follow the onscreen instructions. If you need Form 8938, we'll fill it out for you.

Note: Foreign real estate isn't considered a foreign financial asset, nor are foreign investments (if owned through a US brokerage or listed on a US exchange) or money in a foreign branch of a US bank. Form 8938 isn't required in these situations.