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I keep getting to the end of my review and it says I have to upgrade because I own a foreign asset. I do not and have checked off that I do not. What do I do?

 
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DaveF1006
Employee Tax Expert

I keep getting to the end of my review and it says I have to upgrade because I own a foreign asset. I do not and have checked off that I do not. What do I do?

Yes. Our esteemed colleague LinaJ2020 states in her Turbo Tax post how to remove this nasty encumbrance. 

 

"In TurboTax online,

  • Sign into your account, select Pick up where you left off
  • Select Tax Tools, click on the drop down arrow
  • Select Tools
  • Under Other helpful links, choose Delete a form
  • Select Delete next to the form 8938 and other worksheets about foreign account and Continue with My Return"

If you use Turbo Tax software, go to your forms mode. Locate form 8938 and delete the forms along with the worksheets that may be associated with it.

 

 

 

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