If you have not filed, you would need to return to the state section to make the correction.
In TurboTax online,
- After sign into your account, select Pick up where you left off
- In the left, select State
- Next screen, select New York and Edit ( Make sure you select New York as your state and mailing address under My Info if you are filing as a New York resident)
- Follow prompts
- Look for any "Learn More" link if there is any for verification on the screen where you will make corrections.
At the federal level, if you possess a foreign bank account, you might need to report a Form 8938 or FBAR if meet certain threshold. A Form 8938 is used when you have specified foreign financial assets and the total value of all the foreign assets in which you have an interest is more than $50K. For details, click here: https://www.irs.gov/instructions/i8938
Unlike Form 8938, the FBAR (FinCEN Form 114) is not filed with the IRS. It must be filed directly with the office of Financial Crimes Enforcement Network (FinCEN), a bureau of the Department of the Treasury, separate from the IRS. With more than $10K in total aggregate value financial accounts, taxpayer is required to file FinCen Form 114. You will file separately from your Form 1040.To see the requirements and how to file, click here: 8938 vs FinCen
For states, they can be different than the IRS rules. To verify if there is a tax consequences, I will suggest you to contact your state. states
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