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Level 1
posted Feb 22, 2021 7:28:25 PM

TurboTax says I said I checked the FATCA (foreign bank and trusts) box in a 1099. I looked at all my 1099s and the box is not checked. What am I missing?

Could it be in an investment company statement?

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1 Best answer
Level 1
Feb 24, 2021 7:01:57 PM

Finally found a box I checked by mistake. Removed the check, removed the problem. It was in interest on a bank savings account. Didn't check it before because I "knew" it wasn't there. Much thanks!

2 Replies
Expert Alumni
Feb 23, 2021 1:49:45 PM

This box is located at the very bottom left of your 1099-INT or DIV forms in the form of a check mark.  Check each entry to make sure that box wasn't checked by mistake.

Level 1
Feb 24, 2021 7:01:57 PM

Finally found a box I checked by mistake. Removed the check, removed the problem. It was in interest on a bank savings account. Didn't check it before because I "knew" it wasn't there. Much thanks!