Form 8621
The IRS information return used for PFIC reporting. A separate form is generally prepared for each PFIC with a reporting trigger in the filing year, subject to the instructions and applicable exceptions.
Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund. A separate Form 8621 is generally prepared for each PFIC with a reporting trigger in the filing year, subject to the current instructions and exceptions. The form captures the election (QEF / MtM / §1291), applicable inclusions or excess distributions, the §1291(c) interest charge, and basis adjustments. A missing required information return can extend the assessment period under IRC §6501(c)(8), with reasonable-cause limits specified in the statute.
Related
This glossary entry is general reference, not advice for your specific return. Start your filing on the residency step.