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Level 1
December 6, 2019
Solved

WHere is input for schedule B part 3

  • December 6, 2019
  • 1 reply
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This is about schedule B part 3 - where in Lacerte is the input screens to change the x to yes they have a foreign bank acct and the country the account is in.
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Best answer by itonewbie

On the input screen 11 for 1099-INT, you should find a section called "Foreign Account and Foreign Tax Credit".  There is a checkbox for foreign account, dropdown for foreign country, and another checkbox for foreign trust.

1 reply

itonewbie
itonewbieAnswer
Level 15
December 6, 2019

On the input screen 11 for 1099-INT, you should find a section called "Foreign Account and Foreign Tax Credit".  There is a checkbox for foreign account, dropdown for foreign country, and another checkbox for foreign trust.

---------------------------------------------------------------------------------Still an AllStar
Level 4
May 22, 2022

In lacerte, I dont see any drop down in the Interest income section > Foreign account tab