I get error "Form 8939: Schedule must be entered"

Forum|Forum|7 years ago
June 3, 2019
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I get an error in TurboTax and I can't continue.

I have foreign accounts and have to list in form 8939 the interest I received on those forms, which I did. I also have to enter where this is shown on my returns (Schedule B, Line 1), which I did.

The problem however is that Turbotax won't let me continue until I enter each and every entry field for the other sorts of income (like dividends and royalties). I filled in “0” for all the other fields, because none of that apply to me, but I can’t seem to file the tax returns without filling in the schedule + line for each and every one of them, even though they’re “0”. What should I do?

Attached is a screenshot.

TurboTax Premier Online

CarolC

Level 7

On the Items Attributable to Foreign Financial Accounts page, make sure you have only one box completed. You enter information about where your interest is reported in one of the boxes, not both. See screenshot attached.

If this is not the fix, sometimes entering the zero is the issue and the fields actually need to be left blank. See if that helps.