Yes, thanks. Nonetheless I have three more questions:
In the form 8938.
I have a deposit account in Brasil in a bank which balance is zero on Dec 31/19 and higher amount of balance during the year was $4k
I have also an investment of $75k in a Mutual Fund through my bank, which is a separateded entity managed the by Asset Management Company of my bank. I am reporting the 75k investment as Financial Asset. My question is: Do I have to inform only the 4k highest balance in the name of the bank or should I add the 75k managed by the bank's Asset Company as well? My concern is that there will be a double counting if I inform both the highest deposit + 75k investiment.
Situation nr 2. I also have an account with a brokerage firm which I am considering a custodial account with zero balance in Dec 31 and balance in such account was $1k. I have made several investments ln notes(securities),in Mutual Funds and CDS amounting to $300k. I am reporting such investments and respective counterparts in FINANCIAL ASSETS. My question is the same as with my bank. Should I add my investments being in custody + highest deposit also in the custodial account in the name of the brokerage firm? Both my deposit and custodial accounts are in Brasil.
3) I have also about $50K invested in several CDs which interests are going to be paid at maturity. I have received no interest in those CDs in 2019. Question: Should I add these CDs in my FINANCIAL ASSETS?
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