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March 26, 2025
Question

After reporting foreign bank accounts, I see yes for "did you receive a distribution from ... a foreign trust?" How do I change this to No? I did not receive anything

  • March 26, 2025
  • 1 reply
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I entered just my foreign bank accounts like last year but it answers yes to the question. How can I change this answer to No?

    1 reply

    March 26, 2025

    If you select Yes at the screen Did you own or control a foreign bank account, trust or financial asset in 2024?, you cycle through several screens about foreign bank accounts.

     

    Review these screens and make sure that the correct answer has been entered.

     

    To access the screens In TurboTax Online, follow these steps:

     

    • Down the left side of the screen, click Federal.
    • Down the left side of the screen, click Wages & Income.
    • Scroll down to the bottom of the screen.  Select Continue.
    • Select Continue several times until you reach the screen Did you own or control a foreign bank account, trust or financial asset in 2024?
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