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New Member
posted Apr 14, 2024 11:41:08 AM

I'm being flagged as having a foreign account and I do not. It defaults to "Owned or signed on a foreign bank, broker, or other financial account." How do I change it?

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1 Replies
Level 15
Apr 14, 2024 11:44:22 AM

You may have inadvertently responded to a prompt in the TurboTax interview that generated this issue.  To get past this 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 Start, Review/Edit, Continue or Pick up where you left off
  3. Select the dropdown to the right of Less Common Investments and Savings (1099-OID, contracts and straddles, etc.
  4. Select Start or Revisit to the right of 1099-OID, Foreign Accounts
  5. Continue through the following screens, unselecting any boxes that might have been previously selected incorrectly