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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
‎October 5, 2021
6:43 PM