Deductions & credits

Thanks a lot for taking the time to answer @DaveF1006!

 

I understand that determining the valuation is hard to advise - I'm working with the company on that.

 

I read the link you provided, however, and the form itself and I can't figure out whether shares in a foreign private company even fall into such reportable asset category. Would it be reportable as "other foreign assets" in part II and part VI of the form?