Business & farm
The program asks every single person if they have a foreign bank account. That is one of the 2 most important questions in the eyes of the IRS. If you have denoted financial assets, you are done.
If you need to correct your answer or have not seen it:
- go to Federal
- go to Other Tax Situations
- the questions may pop for you there
- If not, go to Other Tax Forms
- Select Show More
- Select Prepare a report on foreign financial assets
