PFIC.net

Form 8621 service

Form 8621 preparation and reporting help

Form 8621 is used for several PFIC reporting and election situations. The right treatment depends on the holding, the available issuer information, the taxpayer’s history, and what happened during the year. This service begins by organizing those facts instead of assuming one method fits every fund.

Request a PFIC review

Is this your situation?

Start by defining the problem.

  • You were told a foreign fund may require Form 8621.
  • You received a distribution or sold a possible PFIC holding.
  • You have a PFIC Annual Information Statement and want help with QEF reporting.
  • You are considering or maintaining a mark-to-market election for marketable stock.

Included when agreed

A defined preparation scope

  • Review of the requested Form 8621 filing situation
  • Identification of information needed for the applicable reporting method
  • Preparation of agreed Form 8621 filings and supporting schedules
  • Coordination with the related return when included in scope
  • Plain-language questions when the record set is incomplete

Outside the website promise

Clear boundaries

  • A promise that an exception or election applies before the facts are reviewed
  • Investment recommendations or a direction to buy, hold, or sell a fund
  • Filing positions that are unsupported by the available records
  • Document exchange through Web3Forms

After fit is confirmed

Records typically requested

  • Exact issuer or fund legal name
  • Dates and amounts of purchases, sales, and distributions
  • Year-end values and share or unit history
  • Annual Information Statement, if one was issued
  • Prior election and Form 8621 history

Before you inquire

Service questions.

01Is one Form 8621 enough for all my foreign funds?

Generally, a separate Form 8621 is filed for each PFIC. The exact filing set depends on ownership and reporting facts.

02Does every foreign investment require Form 8621?

No. PFIC status and Form 8621 filing requirements are fact-specific. A foreign investment should not be labeled a PFIC solely because it is held outside the United States.

03What if I do not have complete cost history?

Mention that in the inquiry. Missing records can materially affect what can be prepared and may require reconstruction or a different scope.

Related services

PFIC tax preparation

Focused PFIC tax preparation for U.S. taxpayers with foreign funds, multiple Forms 8621, and related return work.

PFIC consulting

Focused PFIC consulting for reporting options, election questions, record planning, and second-opinion review.

Initial inquiry only

Bring the PFIC question into focus.

Tell us the countries, funds, and tax years involved. Start with a short inquiry—never sensitive documents.

Request a PFIC review