Helping my mom with taxes due to the unexpected passing of my father. He has owned for ages shares of stock (managed through his brokerage account) in a company that is listed on the NYSE whose headquarters are in Ireland. He was previously answering Yes to the TurboTax prompt for 'Do you have any foreign financial assets?' but from what I see in the help dialog in TurboTax, it states the following, which indicates that the answer should instead be No:
- Any equity or debt interest in a foreign financial institution (other than interested that are regularly traded on an established securities market)
Should the answer to this prompt instead be No?
