@ dallcowboys0908 wrote: Why does turbo tax keep telling me that I have foreign accounts when I don't?
Why do I have to update my account to deluxe when I have no foreign accounts although turbo tax is telling me that I do?
Go back and re-answer the question about whether you had a foreign account or trust.
- With your return open, click in the left column menu on TAX TOOLS, then subtab TOOLS.
- In the Tools window choose TOPIC SEARCH.
- In the search line enter the phrase foreign accounts without quotes.
- in the selection list choose (highlight or double-click) foreign accounts and trusts, questions on Schedule B and click GO.
- Next screen asks "Did you own or control a foreign bank account, trust or financial asset in 2024?" Answer appropriately.
Hopefully, that will fix it for you and keep you from upgrading. However, there could also be some other reason that it's asking you to upgrade to Deluxe. The Free Edition is only for very simple returns--essentially a Form 1040 only with no other schedules/forms except for Student Loan Interest, Earned Income Tax Credit, and Child Tax Credit.
