US reporting requirements for a Canadian brokerage account

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ChromiumDioxide
Posts: 36
Joined: Mon Apr 07, 2014 6:43 pm

US reporting requirements for a Canadian brokerage account

Post by ChromiumDioxide »

I have a Canadian based brokerage account, for a US tax return Im presuming I'll need to declare interest (if any) as well as list it in the FBAR.
But I'm not clear if a 3520 needs completing also.
Does a brokerage account count as a "trust"?
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