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upsidegarden
Returning Member

This Q is showing up 2x - Did either of you own or control a foreign bank account, trust or financial asset in 2024?

This question showed up again on another screen, even after I answered it the first time. "Did either of you own or control a foreign bank account, trust or financial asset in 2024?" Is it not saving my answer? Or is there another reason it is coming up again? I'm losing confidence in this TurboTax interview process, after using it successfully for years. This is the 3rd problem with question order that I've experienced today.

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MonikaK1
Expert Alumni

This Q is showing up 2x - Did either of you own or control a foreign bank account, trust or financial asset in 2024?

To resolve the foreign back account question issue, in TurboTax Online, in the search box at the top of the page, type in foreign accounts and trusts and click the Jump to link. If that doesn't work, try following these steps:

 

  1. Select Federal on the left side menu.
  2. Select  Wages & Income.
  3. Scroll all the way to the bottom and click Continue.
  4. Continue until you get to Tell Us About Any Foreign Bank Accounts. 
  5. You can change your answers here.

If you had any foreign tax paid on Dividends, see this thread for additional information.

 

If you don't have a foreign account:

 

  1. In TurboTax, Go to Other Tax Situations
  2. Select Other Tax Forms
  3. Select Start or Review next to "Prepare a report on foreign financial assets"
  4. You will see the question, "Do you have any foreign financial assets?" Click the radio button next to "No, I don't have foreign financial assets". 

These steps should resolve the issue.

 

 

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