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- Wed Jun 24, 2020 8:25 am
- Forum: Canada / United States Tax & Accounting
- Topic: PFIC and IRS Form 8621
- Replies: 0
- Views: 8181
PFIC and IRS Form 8621
Hello, I have a Canadian mutual fund that I opened in 2018 and for which I must do an IRS Form 8621. Last year I chose the QEF (Section 1293) election for this fund on Form 8621. This year I received an Annual Information Statement showing three income amounts: 1. Ordinary Earnings 2. Net Capital Ga...