Question

I had a CD in a savings account in a credit union, does that count as having a financial asset?

Forum|Forum|4 years ago
January 21, 2022
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TurboTax Free Edition Online

Employee

Where are you being asked if you have a financial asset?

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rjs

Employee

Are you talking about the question that asks "Did you own or control a foreign bank account, trust or financial asset in 2021?" That is only asking about foreign financial assets. If you had a CD or savings account in a U.S. credit union, that is not a foreign financial asset. You would answer No.