Do you e-file the return for me?

No. Atamatax generates a draft PDF package: an official Form 8621 PDF for each supported PFIC input, plus mapped 1040 and supporting-schedule worksheets. It is not an IRS acceptance or a guarantee that every filing field is complete; you or your CPA must review the notes, complete any remaining fields, and file outside Atamatax. Integrated e-file is not available.

Is Atamatax a CPA firm?

No. Atamatax is tax-preparation software, not a CPA or law firm, and using it is not tax or legal advice. It does the PFIC classification and Form 8621 math so you can file with confidence, but the return — and the elections you make — are yours. If your facts are unusual, get a professional opinion.

What does $499 actually cover?

A draft expat return package with PFIC analysis: mapped Form 1040 and Schedule B/D figures, up to 25 Form 8621 PDFs for the methods and inputs the engine supports, fund-domicile classification, Form 8938 (FATCA) and FBAR threshold checks, and Form 1116 mapping for the foreign tax credit. The package calls out items that still need review or completion. One flat price, no per-form add-ons.

What if I have more than 25 PFICs?

The $499 tier covers up to 25 supported Form 8621 drafts. If you hold more, get in touch before purchase to confirm whether the product fits your case.

Which method should I pick for each fund?

It depends on the fund: QEF if it issues a PFIC Annual Information Statement, mark-to-market if it's an exchange-traded fund, and §1291 only as the fallback. Our QEF-vs-MtM-vs-1291 guide and the free §1291 estimator walk through the decision per holding. This is general information, not advice for your specific facts.

Form 8621 · flat $499

One Form 8621 per fund.
Flat $499 — up to 25 PFICs.

Foreign mutual funds and UCITS ETFs each need their own Form 8621, with QEF, mark-to-market or §1291 chosen per holding. Atamatax does the classification and the math, then generates reviewable draft forms and worksheets — for a flat $499, not a four-figure CPA bill.

Run the free PFIC check Start a return

Free PFIC scan · Pay only to generate the package · Software, not a CPA firm

The whole reason most expats are here

A CPA charges ~$3,200 for the same Form 8621s. We charge $499.

Traditional CPA

~$3,200/ return

Per-form billing, hourly add-ons for each PFIC, weeks of back-and-forth — and you still review every number yourself.

Atamatax · PFIC

$499/ return

Up to 25 Form 8621s, QEF / MtM / §1291 per holding, domicile classification, FBAR and 8938 checks — one flat price. On-screen draft free; pay to generate the package.

CPA figure is an illustrative market estimate for a multi-PFIC expat return, not a quote. Your costs vary. This is general information, not tax advice.

How it works

From a pile of foreign funds to a reviewable draft in three steps.

Scan your funds

Paste or import your holdings into the free PFIC checker. We apply the available domicile and security signals, flag likely PFICs for your review, and explain uncertain classifications — no card required.

Choose a method per holding

Compare QEF, mark-to-market and §1291 side by side for each fund, with the §1291 estimator to size the cost. Bulk-apply a method to similar funds.

Get a reviewable Form 8621 draft

Generate the paid package to receive one official Form 8621 PDF per supported PFIC input (up to 25), plus mapped 1040 and Schedule worksheets. Review the package and complete every field it identifies before filing outside Atamatax.

See the sample PFIC report (PDF)

Start with the free tools

Check, estimate, then file.

PFIC checkerSee which of your funds are PFICs and how many Form 8621s you need.§1291 estimatorModel the punitive excess-distribution charge before you hold or exit.FBAR / 8938 checkConfirm whether your foreign accounts cross the reporting thresholds.

Understand the rules first

PFIC rules for foreign funds & ETFsWhat makes a fund a PFIC and why it matters for US persons abroad.The Irish UCITS ETF trapWhy the 'sensible index fund' a European broker sold you is a PFIC.QEF vs MtM vs §1291A decision guide to which PFIC election to make, per holding.

PFIC software · FAQ

Honest answers before you start.

Do you e-file the return for me?: No. Atamatax generates a draft PDF package: an official Form 8621 PDF for each supported PFIC input, plus mapped 1040 and supporting-schedule worksheets. It is not an IRS acceptance or a guarantee that every filing field is complete; you or your CPA must review the notes, complete any remaining fields, and file outside Atamatax. Integrated e-file is not available.
Is Atamatax a CPA firm?: No. Atamatax is tax-preparation software, not a CPA or law firm, and using it is not tax or legal advice. It does the PFIC classification and Form 8621 math so you can file with confidence, but the return — and the elections you make — are yours. If your facts are unusual, get a professional opinion.
What does $499 actually cover?: A draft expat return package with PFIC analysis: mapped Form 1040 and Schedule B/D figures, up to 25 Form 8621 PDFs for the methods and inputs the engine supports, fund-domicile classification, Form 8938 (FATCA) and FBAR threshold checks, and Form 1116 mapping for the foreign tax credit. The package calls out items that still need review or completion. One flat price, no per-form add-ons.
What if I have more than 25 PFICs?: The $499 tier covers up to 25 supported Form 8621 drafts. If you hold more, get in touch before purchase to confirm whether the product fits your case.
Which method should I pick for each fund?: It depends on the fund: QEF if it issues a PFIC Annual Information Statement, mark-to-market if it's an exchange-traded fund, and §1291 only as the fallback. Our QEF-vs-MtM-vs-1291 guide and the free §1291 estimator walk through the decision per holding. This is general information, not advice for your specific facts.

Is your fund a PFIC?

The UCITS ETFs US expats ask about most.

Every one of these is a non-US fund — a PFIC for US citizens, no matter what it tracks. Check yours for what it means and how to file.

Atamatax · PFIC filing

See your Form 8621 count first. Pay $499 only when you generate the package.