What is the form used for? :
- Unless an exception applies, you must file Form 8938 if you are a specified person with an interest in specified foreign financial assets and the value of those assets is more than the applicable reporting threshold.
- Use Form 8938 to report your specified foreign financial assets if the total value of all the specified foreign financial assets in which you have an interest is more than the appropriate reporting threshold.
Is the form Supported in our program? Yes
How to access the form: To access the form, you will need to open a 1040/Business return on the online/desktop and then go to Add Form/Display and type 8938.
Limits to the form: The business variant of this form can only be accessed from the desktop software. This form cannot be copied.
IRS Publication: https://www.irs.gov/forms-pubs/about-form-8938