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Best answer by anonymous9999

I really think your 1099s have some foreign income on them and that is why you are getting the upgrade message.   Print or preview your return and look at your Schedule B.   You said you had less than $1500 in int and div, but TurboTax has generated the Schedule B because of something on those imported forms.    Do you qualify for FREE FILE?   

 

The Schedule B will generate with any of the following and you have to upgrade to Deluxe to file Schedule B.   

 

Use Schedule B (Form 1040) if any of the following applies:

  • You had over $1,500 of taxable interest or ordinary dividends.
  • You received interest from a seller-financed mortgage and the buyer used the property as a personal residence.
  • You have accrued interest from a bond.
  • You are reporting original issue discount (OID) in an amount less than the amount shown on Form 1099-OID.
  • You are reducing your interest income on a bond by the amount of amortizable bond premium.
  • You are claiming the exclusion of interest from series EE or I U.S. savings bonds issued after 1989.
  • You received interest or ordinary dividends as a nominee.
  • You had a financial interest in, or signature authority over, a financial account in a foreign country or you received a distribution from, or were a grantor of, or transferor to, a foreign trust. Part III of the schedule has questions about foreign accounts and trusts.

Dawn - just to close the loop on this, I ended up needing a service code to upgrade without cost in order to delete the form. There was no other workaround unfortunately. It was an issue with 2555-T that was generated but not needed and unable to be deleted without upgrading. Thanks for your help today! 

2 replies

May 14, 2021

If you have not filed, here are the steps:

  • Sign back into the account, select Pick up where you left off
  • Locate the section where you want to edit the information

 

If you have filed, you might need to amend.

May 14, 2021

Unfortunately this is not working. I cannot find where to go back to specifically change my answer to whether I might have foreign earned income. Appreciate any help where to locate this! It will not let me submit my taxes without addressing this. Something I clicked in the very first set of questions created a form for foreign earned income that cannot be removed/adjusted without "Returning to the Interview" but there is no button or link for this.

 

Thanks!

Kate

May 14, 2021

What happens is it wants me to upgrade to Deluxe, and I mark that it does not apply to me, but it does not let me remove the form, and so I cannot complete filing my taxes.

February 3, 2022

My income amount is not correct on my return. How do I change it?

VolvoGirl
Employee
February 3, 2022

@mkbluesage   What year?   Did you file it yet?