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If I don’t have anything to enter on the federal form Schedule B, why won’t it let me get past the review of that form?

When I go into the review, it says that line 7a should be blank, which it is. It also gives me a check box with text that says Line 7a, No. That box is checked because I don’t have any accounts in a foreign country.
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2 Replies
RogerD1
Employee Tax Expert

If I don’t have anything to enter on the federal form Schedule B, why won’t it let me get past the review of that form?

Is line 8 on Schedule B checked "No" also?  If it is not checked, go back and do a Federal Review.  It should ask you a question about Foreign Trusts - just answer that "Yes" or "No" as appropriate and that should take care of the error you are seeing.

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If I don’t have anything to enter on the federal form Schedule B, why won’t it let me get past the review of that form?

It is checked "no." When I asked the automated system about it, it replied that it is a known issue that TurboTax is trying to fix. It would be nice if they sent out am email letting people know it was fixed, but I will go on and see if it was. 

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