Error with Foreign Accounts question

Forum|Forum|1 year ago
February 2, 2025
1 reply
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I keep choosing "No, I don't have foreign financial assets." but my federal return indicates with a YES checkbox that I have foreign accounts. I have gone back to change this eight times. How do I fix this? Thank you so much!

BrittanyS

This could be occurring if you have imported a 1099-INT. If you have a 1099-INT verify that the FACTA box is not marked for this form. If it is marked it will enter you have a foreign account. If this does not resolve your problem you delete the form by following these steps:

From the left rail menu in TurboTax Online, select Tax Tools (You may have to scroll down on the left rail menu.)
On the drop-down select Tools
On the Pop-Up menu titled “Tools Center,” select Delete a Form
This will show all of the forms in your return
Scroll down to the form you want to delete
Select the Form
Click on Delete.

Always use extreme caution when deleting information from your tax return.  There could be unintended consequences.

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