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.
Starting in Drake19, a virtual currencies question has been added to this screen; see Related Links below for details.
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
Failure to answer the foreign account and trusts questions relating to interest and dividends entered for Schedule B may result in Note 243:
Note text in Drake18 and prior:
In Drake15, the B3 screen is located on the first Other Forms tab in data entry. A link to the B3 screen may also be found at the bottom right of the DIV and INT screens, or on the bottom of screen 1.