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Deductions & credits
@kaylene Yes. Since you have a foreign bank account, TurboTax is requiring you to upgrade to report this information. The IRS says you need to disclose whether you "had a financial interest in, or signature authority over, a financial account in a foreign country or you received a distribution from, or were a grantor of, or transferor to, a foreign trust. Part III of Schedule B has questions about foreign accounts and trusts."
‎June 7, 2019
4:44 PM