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New Member
posted Mar 11, 2024 3:48:38 PM

The program is reverting the question about financial accounts in foreign countries to Yes, even though I've checked 'no'. Anyone else have this experience?

How come the program is reverting the question about financial accounts in foreign countries to Yes?

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1 Replies
Level 15
Mar 12, 2024 7:55:07 AM

You may have inadvertently responded to a prompt in the TurboTax interview that generated this question.  To get past this in TurboTax Online:

  1. In the Search box in the upper right corner of the program, type schedule b foreign accounts and trusts, and enter.  You need this exact verbiage, so cut and paste it from here if that's helpful
  2. Select the Jump to schedule b foreign accounts and trusts link 
  3. On the Tell Us About Any Foreign Bank Accounts screen, select the box next to None of the above, then select Continue
  4. On the Tell Us About Any Foreign Trusts screen, select None of the above, then select Continue
  5. On the Foreign Financial Assets screen, select No, I don't have foreign financial assets, then select Continue