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I accidentally marked that I have foreign accounts on my return, but I do not. I have gone through and tried to correct it but it won't go away. How do I fix this?

 
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3 Replies
MayaD
Expert Alumni

I accidentally marked that I have foreign accounts on my return, but I do not. I have gone through and tried to correct it but it won't go away. How do I fix this?

To revisit that section:

  1. Go to Federal 
  2. Go to Wages and Income (Personal income in TurboTax Home and Business)
  3. Go to the Interest and Dividends section
  4. Select 1099 OID, Foreign Accounts
  5. Uncheck Owned or signed on a foreign bank, broker, or other financial account

 

In TurboTax online 

  1. Select Wages and Income 
  2. Scroll down to Less Common Investments and Savings
  3. Select 1099-OID, Foreign Accounts
  4. Uncheck Owned or signed on a foreign bank, broker, or other financial account

 

 

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I accidentally marked that I have foreign accounts on my return, but I do not. I have gone through and tried to correct it but it won't go away. How do I fix this?

Thank you for your response! I have taken the steps you mentioned. However, after I go through the steps and make sure no foreign accounts are selected, TurboTax does not correct itself and is still telling me I have to pay for Deluxe at the end.

DaveF1006
Expert Alumni

I accidentally marked that I have foreign accounts on my return, but I do not. I have gone through and tried to correct it but it won't go away. How do I fix this?

I would suggest to clear and start over then. Make sure that you do not mark you have a foreign account. Once it upgraded you to Deluxe, you won't be downgraded to the free version.

 

  1. Open your return if you haven't already.
  2. Select Tax Tools from the left menu, then Clear & Start Over.
  3. Select Yes to confirm.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
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