When reporting fixed deposits (FDs) on your FBAR (Foreign Bank Account Report), you generally need to report each foreign financial account separately rather than combining them into a single total. Each FD is a separate account, so you would usually fill out one page for each FD to report its highest value during the year.
However, if all your FDs are in one account number at the same bank, you may be able to report them together as one account. It’s always best to check the official IRS guidance or consult a tax professional to ensure compliance.
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