Thank you folks for the responses.
Even though this is not a sale does the IRS tax folks on paper gains or is the reporting on F 8621 forms just so they can track your investments?
Search found 4 matches
- Mon Apr 11, 2016 8:52 pm
- Forum: Canada / United States Tax & Accounting
- Topic: F8621
- Replies: 3
- Views: 3206
- Sat Apr 09, 2016 4:54 pm
- Forum: Canada / United States Tax & Accounting
- Topic: F8621
- Replies: 3
- Views: 3206
F8621
During the year CI Investmest switched out my funds from Fee based funds and combined them with my non fee based funds within the same Class of funds. How to report this switching out into the other funds on Form 8621. Is this considered a sale? Should it be reported in Part IV 13A. Also I have been...
- Tue Mar 11, 2014 6:57 am
- Forum: Canada / United States Tax & Accounting
- Topic: Form 8621 Unreserved Inclusions
- Replies: 2
- Views: 6370
Thank you
Thank you that helps a lot.
- Sat Mar 08, 2014 12:10 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Form 8621 Unreserved Inclusions
- Replies: 2
- Views: 6370
Form 8621 Unreserved Inclusions
I understand the fair market value and adjusted basis. Can someone tell me what is the Unreserved Inclusion on line 11.
Thank you
Thank you