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New Member
posted Feb 28, 2024 7:22:48 PM

I keep putting that I don’t have a foreign account but it’s not saving. You have to upgrade TurboTax to file with a foreign account so I’m unable to file.

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1 Replies
Level 15
Feb 29, 2024 7:30:20 AM

To remove foreign account information in TurboTax Online:

  1. Select Tax Home in the left pane
  2. On the Hi, let's keep working on your taxes! screen, select the dropdown on the right side of the Income & Expenses box, then select Remove/Edit or Work on other income
  3. Scroll down and select the Show more dropdown to the right of Less Common Investments and Savings 
  4. Select  Start or Revisit to the right of 1099-OID, Foreign Accounts
  5. On the  Miscellaneous investment income page, select the box next to None of the above
  6. Select  Continue

Provide any additional information requested.

 

If Form 8938, Statement of Specified Foreign Financial Assets is attached to your return, and shouldn't be: 

  1. Open TurboTax Online
  2. Select Tax Home in the left pane
  3. On the  Hi, let's keep working on your taxes! screen, select the dropdown on the right side of any box in the middle of the screen, then select Start or Review/Edit
  4. After more topics will generate in the left pane, select the Tax Tools dropdown
  5. Select Tools
  6. In the pop-up window Tool Center, select Delete a form
  7. Select Delete next to Form 8938 and follow the onscreen instructions