Go Back  British Expats > Living & Moving Abroad > USA
Reload this Page >

Turbotax or H & R Block at Home for the 8938 form?

Turbotax or H & R Block at Home for the 8938 form?

Old Feb 12th 2013, 3:30 am
  #1  
Just Joined
Thread Starter
 
Joined: Jan 2005
Posts: 4
Hedgy is an unknown quantity at this point
Default Turbotax or H & R Block at Home for the 8938 form?

Which software suite is handling the 8938 form best for 2012?

Last year H & R Block at Home (if I recall correctly) didn't allow e-filing with Form 8938.

Turbotax (I deduced from reading this forum) handled it but with some problem relating to the filing.

Does anyone have experience of these packages yet for this tax season in respect of the 8938 form?
Hedgy is offline  
Old Feb 12th 2013, 4:31 am
  #2  
Ex Expat
 
MMcD's Avatar
 
Joined: Oct 2011
Location: "LA LA Land"
Posts: 2,414
MMcD has a reputation beyond reputeMMcD has a reputation beyond reputeMMcD has a reputation beyond reputeMMcD has a reputation beyond reputeMMcD has a reputation beyond reputeMMcD has a reputation beyond reputeMMcD has a reputation beyond reputeMMcD has a reputation beyond reputeMMcD has a reputation beyond reputeMMcD has a reputation beyond reputeMMcD has a reputation beyond repute
Default Re: Turbotax or H & R Block at Home for the 8938 form?

Originally Posted by Hedgy View Post
Which software suite is handling the 8938 form best for 2012?
Last year H & R Block at Home (if I recall correctly) didn't allow e-filing with Form 8938.
Turbotax (I deduced from reading this forum) handled it but with some problem relating to the filing.
Does anyone have experience of these packages yet for this tax season in respect of the 8938 form?
I used Turbo Tax last year. Because I had to file form 8938 Turbo Tax was unable to accept e-filing of my returns. However I didn't see that as a problem. Simply printed out the returns and dropped them off at local post office. Done.
I've already downloaded TurboTax 2012 - but haven't yet really gotten into filling in the forms - so don't yet know whether e-filing will be possible - but don't really care as I find the program itself so good.
MMcD is offline  
Old Feb 12th 2013, 2:43 pm
  #3  
Heading for Poppyland
 
robin1234's Avatar
 
Joined: Jul 2007
Location: North Norfolk and northern New York State
Posts: 13,425
robin1234 has a reputation beyond reputerobin1234 has a reputation beyond reputerobin1234 has a reputation beyond reputerobin1234 has a reputation beyond reputerobin1234 has a reputation beyond reputerobin1234 has a reputation beyond reputerobin1234 has a reputation beyond reputerobin1234 has a reputation beyond reputerobin1234 has a reputation beyond reputerobin1234 has a reputation beyond reputerobin1234 has a reputation beyond repute
Default Re: Turbotax or H & R Block at Home for the 8938 form?

Originally Posted by MMcD View Post
I used Turbo Tax last year. Because I had to file form 8938 Turbo Tax was unable to accept e-filing of my returns. However I didn't see that as a problem. Simply printed out the returns and dropped them off at local post office. Done.
I've already downloaded TurboTax 2012 - but haven't yet really gotten into filling in the forms - so don't yet know whether e-filing will be possible - but don't really care as I find the program itself so good.
I used TurboTax last year and was able to efile, because I used the Turbotax download version rather than the web version. Their form 8938 was NOT ready for prime time, though, it was problematic and really half-assed. What I really hated about TurboTax was that it forced you to complete the FBAR form, all additional data entry, it didn't use the same data entry to generate 8938 and FBAR. This was annoying to me as I'd alreay done my FBAR (I always do it first week of February, just to get it out of the way.)

I personally prefer to do my tax the old fashioned way, paper & pencil, and I tend to use Turbotax once every five or six years, just to check my filing methodology. So I used TurboTax for 2006 and 2011. Back to paper & pencil for me this year.
robin1234 is online now  
Old Feb 12th 2013, 5:05 pm
  #4  
Ex Expat
 
MMcD's Avatar
 
Joined: Oct 2011
Location: "LA LA Land"
Posts: 2,414
MMcD has a reputation beyond reputeMMcD has a reputation beyond reputeMMcD has a reputation beyond reputeMMcD has a reputation beyond reputeMMcD has a reputation beyond reputeMMcD has a reputation beyond reputeMMcD has a reputation beyond reputeMMcD has a reputation beyond reputeMMcD has a reputation beyond reputeMMcD has a reputation beyond reputeMMcD has a reputation beyond repute
Default Re: Turbotax or H & R Block at Home for the 8938 form?

Originally Posted by robin1234 View Post
I used TurboTax last year and was able to efile, because I used the Turbotax download version rather than the web version. Their form 8938 was NOT ready for prime time, though, it was problematic and really half-assed. What I really hated about TurboTax was that it forced you to complete the FBAR form, all additional data entry, it didn't use the same data entry to generate 8938 and FBAR. This was annoying to me as I'd alreay done my FBAR (I always do it first week of February, just to get it out of the way.)
I personally prefer to do my tax the old fashioned way, paper & pencil, and I tend to use Turbotax once every five or six years, just to check my filing methodology. So I used TurboTax for 2006 and 2011. Back to paper & pencil for me this year.
just proves....different strokes
different folks.......which is what makes relying on forum advice problematic for the OP
I too - used the download version and NOT the web version. And even waited till beginning of April before printing it all out - in case a software update (which they continually download through the passing weeks) enabled e-filing.
It never did (maybe because I use the Mac version ) - but as I said before - in the end it didn't really matter to me.
As for data entry for FBar and 8898 - again the OP might use TT and agree with you or use it and (like me) not be bothered at all. I'm only writing this so they see that there's not a hard and fast ansawer to their question.
We're both right and we're both wrong
MMcD is offline  
Old Feb 12th 2013, 5:46 pm
  #5  
Lost in BE Cyberspace
 
Joined: Jan 2006
Location: San Francisco
Posts: 12,118
Giantaxe has a reputation beyond reputeGiantaxe has a reputation beyond reputeGiantaxe has a reputation beyond reputeGiantaxe has a reputation beyond reputeGiantaxe has a reputation beyond reputeGiantaxe has a reputation beyond reputeGiantaxe has a reputation beyond reputeGiantaxe has a reputation beyond reputeGiantaxe has a reputation beyond reputeGiantaxe has a reputation beyond reputeGiantaxe has a reputation beyond repute
Default Re: Turbotax or H & R Block at Home for the 8938 form?

Originally Posted by robin1234 View Post
I used TurboTax last year and was able to efile, because I used the Turbotax download version rather than the web version. Their form 8938 was NOT ready for prime time, though, it was problematic and really half-assed. What I really hated about TurboTax was that it forced you to complete the FBAR form, all additional data entry, it didn't use the same data entry to generate 8938 and FBAR. This was annoying to me as I'd alreay done my FBAR (I always do it first week of February, just to get it out of the way.)
I used the web version last year and was able to web file with Form 8938. But only after a long discussion with Turbotax about how to get it to spit out that form correctly. And yes the support for that form really was half-assed in the web version as well. I am pretty sure though that it correctly filled out the FBAR form for me. I have started doing my 2012 taxes with the web version of Turbotax. The Form 8938 support seems a little more integrated, but is still imperfect. And as I've yet to get as far as it generating my tax return, I can't vouch for the results it produces.
Giantaxe is offline  
Old Feb 12th 2013, 6:58 pm
  #6  
Member
 
jeffreyhy's Avatar
 
Joined: Apr 2001
Posts: 14,049
jeffreyhy has a reputation beyond reputejeffreyhy has a reputation beyond reputejeffreyhy has a reputation beyond reputejeffreyhy has a reputation beyond reputejeffreyhy has a reputation beyond reputejeffreyhy has a reputation beyond reputejeffreyhy has a reputation beyond reputejeffreyhy has a reputation beyond reputejeffreyhy has a reputation beyond reputejeffreyhy has a reputation beyond reputejeffreyhy has a reputation beyond repute
Default Re: Turbotax or H & R Block at Home for the 8938 form?

Aside: I also use a Mac, with Windows installed for the sole purpose of running Quickin and TurboTax. Intuit's Mac products are sub-par.

Now back to our regularly scheduled program.

Regards, JEff

Originally Posted by MMcD View Post
(maybe because I use the Mac version )
jeffreyhy is offline  
Old Feb 14th 2013, 2:30 am
  #7  
Just Joined
Thread Starter
 
Joined: Jan 2005
Posts: 4
Hedgy is an unknown quantity at this point
Default Re: Turbotax or H & R Block at Home for the 8938 form?

Originally Posted by Giantaxe View Post
I have started doing my 2012 taxes with the web version of Turbotax. The Form 8938 support seems a little more integrated, but is still imperfect. And as I've yet to get as far as it generating my tax return, I can't vouch for the results it produces.
OP here ... Please post back with your experience when you have got further along the process. I'll end up downloading either TT or H&R but will sit on the fence for a while hoping to hear how others fare with the 2012 versions of these apps.

Last year I hand-crafted my own 8938 Continuation Sheet - I hope that is something the commercial packages take care of this year.
Hedgy is offline  
Old Mar 2nd 2013, 3:22 am
  #8  
Lost in BE Cyberspace
 
Joined: Jan 2006
Location: San Francisco
Posts: 12,118
Giantaxe has a reputation beyond reputeGiantaxe has a reputation beyond reputeGiantaxe has a reputation beyond reputeGiantaxe has a reputation beyond reputeGiantaxe has a reputation beyond reputeGiantaxe has a reputation beyond reputeGiantaxe has a reputation beyond reputeGiantaxe has a reputation beyond reputeGiantaxe has a reputation beyond reputeGiantaxe has a reputation beyond reputeGiantaxe has a reputation beyond repute
Default Re: Turbotax or H & R Block at Home for the 8938 form?

Originally Posted by Hedgy View Post
OP here ... Please post back with your experience when you have got further along the process. I'll end up downloading either TT or H&R but will sit on the fence for a while hoping to hear how others fare with the 2012 versions of these apps.

Last year I hand-crafted my own 8938 Continuation Sheet - I hope that is something the commercial packages take care of this year.
I've yet to file, but the online version of Turbo Tax did indeed correctly generate Form 8938 for multiple accounts as well as correct FBAR forms.
Giantaxe is offline  
Old Mar 5th 2013, 8:18 pm
  #9  
Account Closed
 
Joined: Aug 2006
Posts: 43
pooks is an unknown quantity at this point
Default Re: Turbotax or H & R Block at Home for the 8938 form?

Sigh - I e-filed last year via an accountant - have just been told I can't this year because I have more than two of these wretched forms - so I'd definitely be interested to know how everyone else goes on with this!
pooks is offline  
Old Mar 15th 2013, 7:21 pm
  #10  
Lost in BE Cyberspace
 
Joined: Jan 2006
Location: San Francisco
Posts: 12,118
Giantaxe has a reputation beyond reputeGiantaxe has a reputation beyond reputeGiantaxe has a reputation beyond reputeGiantaxe has a reputation beyond reputeGiantaxe has a reputation beyond reputeGiantaxe has a reputation beyond reputeGiantaxe has a reputation beyond reputeGiantaxe has a reputation beyond reputeGiantaxe has a reputation beyond reputeGiantaxe has a reputation beyond reputeGiantaxe has a reputation beyond repute
Default Re: Turbotax or H & R Block at Home for the 8938 form?

Originally Posted by Giantaxe View Post
I've yet to file, but the online version of Turbo Tax did indeed correctly generate Form 8938 for multiple accounts as well as correct FBAR forms.
I've now e-filed and had my federal return accepted by the IRS.
Giantaxe is offline  
Old Mar 18th 2013, 1:48 am
  #11  
Account Closed
 
Joined: Aug 2006
Posts: 43
pooks is an unknown quantity at this point
Default Re: Turbotax or H & R Block at Home for the 8938 form?

Originally Posted by Giantaxe View Post
I've now e-filed and had my federal return accepted by the IRS.
with more than two 8938s???
pooks is offline  
Old Mar 22nd 2013, 10:26 pm
  #12  
Forum Regular
 
Joined: Sep 2005
Location: Andover, MA
Posts: 250
rew1000 has much to be proud ofrew1000 has much to be proud ofrew1000 has much to be proud ofrew1000 has much to be proud ofrew1000 has much to be proud ofrew1000 has much to be proud ofrew1000 has much to be proud ofrew1000 has much to be proud ofrew1000 has much to be proud ofrew1000 has much to be proud ofrew1000 has much to be proud of
Default Re: Turbotax or H & R Block at Home for the 8938 form?

Turbotax for Mac, efiled with 6 copies of 8938 - return accepted and refund received...

Switched from online to desktop last year because of this form, and I'm a convert - the forms view in the desktop version is very helpful.
rew1000 is offline  
Old Mar 23rd 2013, 4:41 pm
  #13  
Ex Expat
 
MMcD's Avatar
 
Joined: Oct 2011
Location: "LA LA Land"
Posts: 2,414
MMcD has a reputation beyond reputeMMcD has a reputation beyond reputeMMcD has a reputation beyond reputeMMcD has a reputation beyond reputeMMcD has a reputation beyond reputeMMcD has a reputation beyond reputeMMcD has a reputation beyond reputeMMcD has a reputation beyond reputeMMcD has a reputation beyond reputeMMcD has a reputation beyond reputeMMcD has a reputation beyond repute
Default Re: Turbotax or H & R Block at Home for the 8938 form?

Is anyone running into this issue:
1099-Rs aren't issued by UK (nor are W2s)
Turbo Tax generates Form 4852 as a Substitute. This year it won't accept e-filing (for me) because of these Forms 4852.
If I try deleting them Turbo Tax then deletes all the related income which I MUST report.
I can't figure out how to report income from UK State Pension plus 3 annuities without that form being generated for each.
Is anyone else encountering this? If so, how did you go about reporting the UK income

By the way - The IRS doesn't want the Form 4852. It's TT software that's generating it.....
MMcD is offline  
Old Mar 30th 2013, 12:09 am
  #14  
Just Joined
Thread Starter
 
Joined: Jan 2005
Posts: 4
Hedgy is an unknown quantity at this point
Default Re: Turbotax or H & R Block at Home for the 8938 form?

Another thumbs up for TurboTax (Deluxe, Windows desktop version). My e-file has been accepted by the IRS with multiple 8938 forms.
Hedgy is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Do Not Sell My Personal Information -

Copyright © 2022 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.