Serbinski Accounting Firms

MGeorge - Thank you very much for your reply. I agree with your response and appreciate the clear guidance you provided. I needed to hear this from someone else to become more comfortable with moving forward on clearing my punitive PFIC tax liability.

I’m a Canadian who took a job transfer to the US over 15+ years ago and now have a green card. My paycheck still originates in Canada and I had been buying TD Mutual Funds on a bi-weekly basis until I found out about PFICs earlier this year. As a result, I am now liquidating all of my TD Mutual ...