Question

Used Deluxe version and filled in info for 8938. How do I know if it was filed

Forum|Forum|5 years ago
March 7, 2021
1 reply
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I paid and used the deluxe version and due to having foreign accounts I need to complete form 8938. I filled in all the bank information that I needed to and go to the end, but I'm not sure that if the form was filed or not. I don't see an attachment to my federal return at the end.

L

linaj20201

You will need to specifically enter info in the Form 8938 section. You might only have entered the interest on your foreign account. Here are the steps:

In TurboTax online,

Sign in to your TurboTax account and select Pick up where you left off
At the right upper corner, in the search box, type in "foreign assets" and Enter
Select Jump to foreign assets
Follow prompts
On-screen, "Amounts Related to Foreign Financial Assets", enter information

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.