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Level 2
May 16, 2026
Question

Sch B Line Box 7a automatically checked

  • May 16, 2026
  • 1 reply
  • 2 views

When a large 1099-INT causes Sch B to generate, Box 7a is automatically generated. 

Is there a option to NOT check the box automatically? I think it is a mistake to check the box without an affermative action.

For FBAR prior year filings, the existance of the checked Box 7a can be used as evidence that any failure to file prior year FBARs is willful.

1 reply

PhoebeRoberts
Intuit Community Champion
May 18, 2026

There's a diagnostic informing you of that default treatment.

It's equally wrong to check yes or to leave the box blank, so it's not like there's a more-correct default.