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Foreign financial assets
Hello,
I am filling out my taxes and had a question about the foreign financial assets question. I have a small amount of stock in what I believe is a Canadian energy company. Everything I own is publicly traded, and held on Etrade. I believe it says that stock does NOT count as a foreign financial asset if held by a financial institution. Is Etrade such a financial institution? Or more generally, given the above facts, do I hold foreign financial assets?
Thank you,
Terry
I am filling out my taxes and had a question about the foreign financial assets question. I have a small amount of stock in what I believe is a Canadian energy company. Everything I own is publicly traded, and held on Etrade. I believe it says that stock does NOT count as a foreign financial asset if held by a financial institution. Is Etrade such a financial institution? Or more generally, given the above facts, do I hold foreign financial assets?
Thank you,
Terry
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‎June 6, 2019
3:45 AM