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February 27, 2025
Question

Specified Foreign Financial Assets IRS form 8938

  • February 27, 2025
  • 1 reply
  • 0 views

I am having a similar issue with IRS form 8938, having 2 foreign bank accounts and a total maximum amount that is less than what is posted by TT that shows 3 accounts, not 2. After overiding to the correct amount and modifying this to the 2 accounts that I have, i am unable to correct this, nor would it send out for filing. Any help would be appreciated as I went back to the forms and the respective pages. Thank you.                                                       -  ALAN

1 reply

SusanY1
February 28, 2025

I would like to take a deeper look at this. However, I need a diagnostic file which is a copy of your tax return that has all of your personal information removed. You can send one to us by following the directions below:

 

TurboTax Online:

  1. Sign into your online account.
  2. Locate the Tax Tools on the left-hand side of the screen.
  3. A drop-down will appear. Select Tools
  4. On the pop-up screen, click on “Share my file with agent.”
  5. This will generate a message that a diagnostic file gets sanitized and transmitted to us.
  6. Please provide the Token Number that was generated in the response.

TurboTax Desktop/Download Versions:

  1. Open your return.
  2. Click the Online tab in the black bar across the top of TurboTax and select “Send Tax File to Agent” *
  3. This will generate a message that a diagnostic copy will be created.  Click on OK and the tax file will be sanitized and transmitted to us.
  4. Please provide the Token Number (including the dash) that was generated in the response.

*(If using a MAC, go to the menu at the top of the screen, select Help, then, “Send Tax File to Agent”)


 

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