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March 9, 2021
Question

How do I change the answer from No to Yes on Schedule B, Part III 7a and 7b?

  • March 9, 2021
  • 1 reply
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1 reply

DMarkM1
March 9, 2021

If you had foreign accounts you will need to visit the "OID, Foreign Accounts" topic under the "Wages & Income" tab.

  1. Scroll down to "Interest and Dividends"
  2. "Start" the 1099 OID, Foreign Accounts topic
  3. Check the "Owned or signed...foreign account" box
  4. Check any box(es) that apply on the follow on page

 

 

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