PFIC reporting

Form 8621 PFIC reporting explained (mutual funds, offshore, penalties)

Have you ever wondered what hurdles lie behind investing in offshore mutual funds and how the IRS requires you to report them? If you own or are considering investments in Passive Foreign Investment Companies (PFICs), understanding Form 8621 and its…

King of Hacks•

Form 8621 PFIC reporting explained (mutual funds, offshore, penalties)

Have you ever invested in offshore mutual funds and wondered how to navigate the complexities of Form 8621 PFIC reporting? You're not alone—many investors find the rules surrounding Passive Foreign Investment Companies (PFICs) confusing and inti…

King of Hacks•
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