Skip to main content
April 5, 2020
Question

What tier of Turbotax do I need to report a foreign bank account with more than $10K but less than $50k?

  • April 5, 2020
  • 1 reply
  • 0 views

Will I need Turbotax Deluxe to report a foreign bank account with more than $10K but less than $50k?

Does the bundle include e-file for both state and federal?

1 reply

April 5, 2020

No, you should not need to upgrade.

 

If you have any foreign accounts for more than $10,000 but less than $50,000, TurboTax should not upgrade you from the Free edition.  There must be other reasons why you are upgraded from the Free edition. Click here for more information: Deluxe edition

 

The bundle should include e filing for both federal and state. 

 

@taxquestions7