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10124: Schedule B - Foreign Account Questions


1040 Individual

Where do I Answer the Foreign Account Questions for Schedule B in Drake?

 

The Foreign Account Questions are located on the Foreign tab > B3 Foreign Account Questions screen.

               

Links to this screen can also be found:

  • On screen 1, in the Foreign Account Questions and Virtual Currency Questions section. Alternatively, click the check box to the right of the link to answer NO.
  • At the top of the INT screen
  •     
  • ​At the top of the DIV screen
  •      

Starting in Drake20, failure to answer the foreign account and trusts questions relating to interest and dividends entered for Schedule B results in EF Message 2261. 

In Drake19 and prior, failure to answer the foreign account and trusts questions relating to interest and dividends entered for Schedule B results in Note 243. 


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