pk
Level 15
Level 15

Deductions & credits

@ramkijan82 , that is correct FBAR deals only with bank and similar liquid accounts.  IF you have brokerage account in an associated  sub account you are holding cash  ( i.e. the brokerage acts as a financial one ), it would be good idea to report that -- there is no tax impact

 

Brokerage accounts which shares  for you , needs to be reported  under FATCA  ( form 8938 ).along with your return