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April 11, 2024
Question

If don't have a Foreign Account, why is asking me what the total value of my foreign accounts are?

  • April 11, 2024
  • 1 reply
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April 16, 2024

The U.S. government requires reporting of foreign financial accounts because foreign financial institutions may not be subject to the same reporting requirements as domestic financial institutions.

irs.gov

 

Check if form 8938 is included in your return and delete it:

On the menu bar on the left'

 

  1. Select Tax Tools 
  2. Select Tools 
  3. On the Pop-Up menu select Delete a Form 
  4. This will give you all of the forms in your return 
  5. Scroll down to the form you want to delete 
  6. Select the Form 
  7. Click on Delete

Always use extreme caution when deleting information from your tax return.  There could be unintended consequences. 

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