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It depends. To adjust this answer in TurboTax Online, follow these steps:
If you do have a foreign bank account that held $10,000 on any day during 2019, a FBAR (FinCEN 114 ) must be submitted.
To file the FBAR, click this link for the BSA E-Filing System for FBAR(FinCEN 114)
For more details:
2019 Schedule B including Part III Question 7a Part 2
2019 U.S. Citizens and Resident Aliens Abroad - Filing Requirements
Should I file FBAR (FinCEN 114), Form 8938, Form 3520 or all of these?
2019 IRS Comparison of Form 8938 and FBAR Requirements
2019 Form 8938 filing requirements
2019 FATCA Reporting, Form 3520
I have the same question ... but I am using Turbo Tax Deluxe. I have finished all work. But need to change answers to Sch B Part III 7a and 7b. Unable to access this portion. Thank you.
Go to the search box and type schedule B.
Click on the link Jump to schedule B.
From there you will have to go through the interview questions to edit your answers.
Thank you. This question answered.
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Raph
Community Manager
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Raph
Community Manager
in Events
Raph
Community Manager
in Events
Raph
Community Manager
in Events
Raph
Community Manager
in Events