Hey
Thanks for your quick reply. I felt confused. Do you mean the oversea credit card or the the oversea bank account related to the credit card to pay back? For the credit card, if I have 1000 dollar in balance, I think it means -1000 dollar. If I have an bank account within 10,000 dollar in it, the total rebalance is 10,000-1000=9,000. Would you mind explaining it further? I think credit card is kind of the debt I have, not the financial asset.
Based on https://ttlc.intuit.com/community/tax-credits-deductions/discussion/do-i-need-to-report-a-foreign-ba..., for example, if I have one Amex credit card account and HSBC bank account to pay it back, I should report the HSBC bank but not the Amex credit card account.
