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February 18, 2025
Question

all I want is to get my copies of my simple tax return. it wants me to upgrade. I do not want to. it keeps telling me I have foreign financial account. I do not

  • February 18, 2025
  • 1 reply
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    1 reply

    DaveF1006
    February 19, 2025

    It depends. Try this series of steps to remove this error message you may file your return without having to upgrade.

     

    1. First check to see if you have a 1099 INT or 1099 DIV.  If there is a foreign tax paid amount reported in Box 6 of a 1099 INT or Box 7 in your 1099 DIV, then you may have a foreign account that you are not aware of. There are follow-up questions in those forms that you need to complete. 

    If this isn't the issue, then try this to remove this error from your return: 

    1. Federal or Federal Taxes if working in the desktop version
    2. Income or Wages and Salaries if working in the Desktop Version
    3. Other Tax Situations
    4. Prepare a Report on Foreign Assets
    5. Answer None of the above to Tell Us About Any Foreign Bank Accounts.
    6. Click Continue.
    7. Answer None of the above to Tell Us About Any Foreign Trusts.
    8. Click Continue.
    9. Answer No, I don’t have foreign financial assets to Foreign Financial Assets.
    10. Click Continue

    If this doesn't remove the entry, try this: 

     

    • Tax tools
    • Tools
    • Delete a Form
    • Look for Form 8938 and delete it and all of the worksheets associated with it

    Please let us know if this works.

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