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March 3, 2025
Question

can I remove the foreign tax credit from my tax form?

  • March 3, 2025
  • 1 reply
  • 0 views
Somehow I accidently added it and now it won't let me remove it from my tax form. I need to remove it.

    1 reply

    DaveF1006
    March 3, 2025

     

    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 perform the following steps to remove this error message so you can file your return.

     

    To remove this 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: 

     

    In Turbo Tax Online: 

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

    In Turbo Tax Software 

    • Go to the forms mode in your program
    • Look for form 8938 and all worksheets associated with.  
    • Delete the form and the worksheets

     


     

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