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.