Question
Answered foreign bank accounts question incorrectly (FBAR)
Do I need to amend my Schedule B if I answered "No" to foreign accounts, but I have no financial interest in the foreign accounts. I work for a financial company and I have the ability to release wires to some accounts held in foreign countries, so my company has to file an FBAR. I did not realize I was supposed to answer yes, as this was the first time that applied to me.
Do I need to amend Schedule B and send in an updated copy? Is there a way to do that in Turbo Tax if I do need to send an amendment in?
Thank you!
