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New Member

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Level 15

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Usually foreign stock is held by Americans in the form of ADRs (American depository receipts) in their brokerage account in the US.

Is your asset is actual foreign stock held in a financial account located in a foreign country, or any other financial asset held in a financial account located in a foreign country, then answer Yes to the question on Schedule B.

The account does not have to be a bank account

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Level 15

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You would not file amended returns for this.
If you want to avoid reporting requirements, move the shares to a brokerage account in the US (if possible).
OR, sell them.
Are you reporting your dividends? All dividends have to be reported.
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Level 15

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you only report on your tax return dividends paid to you in your tax year, usually the calendar year.
for such small amounts, prior year tax returns should be left alone.
Level 15

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If your holdings are small you may not have to list them. If depends on the instructions for the relevant forms.
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