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Graham-m
New Member

Schedule B Foreign bank accounts

I don't have any foreign bank accounts. However, when I run the error check I keep getting an error message telling me I need to answer yes or no. When I check "no" on lines 7a, 7b, and 8, it still tells me the same error. How can I fix this?

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1 Reply
DaveF1006
Employee Tax Expert

Schedule B Foreign bank accounts

If you see this happening, there are some things you may do to clear the loop you are stuck in.

 

  1. In the left-hand menu, click Tax Tools > Tools.
  2. Select Delete a form from the pop-up list.
  3. Find Schedule B and click Delete next to it.
  4. Also, look for Form 8938 or any Foreign Account Worksheets and delete those too.
  5. Go back to Wages & Income and re-enter your Interest (1099-INT) or Dividends (1099-DIV).
  6. When you re-enter these, do not check any box that says "I have foreign accounts" or "FATCA."

If you are using the desktop version, you may go to the forms mode to delete those forms I have mentioned above. Let us know if this works.

 

 

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