Blog Posts

Search

PFIC Edge Cases: What Most Form 8621 Calculations Miss

By Edward Parsons, CPA · licensed since 2009 Key takeaways You got this far. You know the fund is a PFIC,

Form 8621 Filing Exceptions: Every One, and Where Each Stops

By Edward Parsons, CPA · licensed since 2009 Key takeaways You got this far. You know your fund is a PFIC,

Fund Mergers, Splits and Spin-Offs: PFIC Events That Don’t Look Like Sales

By Edward Parsons, CPA · licensed since 2009 Key takeaways You got this far. You know the fund is a PFIC,

Wash Sales and PFIC Shares: The Loss and Holding Period That Move

By Edward Parsons, CPA · licensed since 2009 Key takeaways You got this far. You know the fund is a PFIC.

PFIC Currency Translation: Spot Rates, Fund-Currency Math and Pence

By Edward Parsons, CPA · licensed since 2009 Key takeaways You got this far. You know your fund is a PFIC.

PFIC Losses: Why a Loss on One Block Doesn’t Offset a Gain on Another

By Edward Parsons, CPA · licensed since 2009 Key takeaways You got this far. You know your fund is a PFIC.

The PFIC Interest Charge: Daily Allocation, Top Rates, Daily Compounding

By Edward Parsons, CPA · licensed since 2009 Key takeaways You got this far. You know the fund is a PFIC,

The PFIC 125% Test, Block by Block

By Edward Parsons, CPA · licensed since 2009 Key takeaways You got this far. You know the fund is a PFIC

ISIN, Listing or Charter: What Makes a Fund Foreign for PFIC Purposes

By Edward Parsons, CPA · licensed since 2009 Key takeaways You got this far, so I’ll skip the basics. You know

PFIC Lot Tracking: Why Every Purchase Is Its Own Calculation

By Edward Parsons, CPA · licensed since 2009 Key takeaways You got this far. You know the fund is a PFIC.

Tainted and Clean PFIC Lots: One Fund, Two Tax Treatments

By Edward Parsons, CPA · licensed since 2009 Key takeaways You got this far. You know your fund is a PFIC,

The PFIC Start-Up Exception: When a New Fund’s First Year Doesn’t Count

By Edward Parsons, CPA · licensed since 2009 Key takeaways You got this far, so I’ll skip the basics. You know

Which Tax Software Supports Form 8621? The DIY Programs Compared

By Edward Parsons, CPA · licensed since 2009 Key takeaways People ask me which tax software to use for Form 8621,

Expat Tax Software and Form 8621: Expatfile, MyExpatTaxes and H&R Block Expat

By Edward Parsons, CPA · licensed since 2009 Key takeaways Living abroad changes which funds you can buy. The bank down

Cash App Taxes and Form 8621: Why “Small” Doesn’t Mean Simple

By Edward Parsons, CPA · licensed since 2009 Key takeaways Free tax software is built for straightforward returns, and most of

Blog Posts

Search

PFIC Edge Cases: What Most Form 8621 Calculations Miss

Form 8621 Filing Exceptions: Every One, and Where Each Stops

Fund Mergers, Splits and Spin-Offs: PFIC Events That Don’t Look Like Sales

Wash Sales and PFIC Shares: The Loss and Holding Period That Move

PFIC Currency Translation: Spot Rates, Fund-Currency Math and Pence

PFIC Losses: Why a Loss on One Block Doesn’t Offset a Gain on Another

The PFIC Interest Charge: Daily Allocation, Top Rates, Daily Compounding

The PFIC 125% Test, Block by Block

ISIN, Listing or Charter: What Makes a Fund Foreign for PFIC Purposes

PFIC Lot Tracking: Why Every Purchase Is Its Own Calculation

Tainted and Clean PFIC Lots: One Fund, Two Tax Treatments

The PFIC Start-Up Exception: When a New Fund’s First Year Doesn’t Count

Which Tax Software Supports Form 8621? The DIY Programs Compared

Expat Tax Software and Form 8621: Expatfile, MyExpatTaxes and H&R Block Expat

Cash App Taxes and Form 8621: Why “Small” Doesn’t Mean Simple

Pick Your Category

FBAR Quiet Disclosure vs Streamlined: Can You Just Amend an FBAR?

Calculating PFIC Income for Tax Compliance Requirements

FBAR Penalties: Non-Willful vs Willful Fines and the Statute of Limitations

Colombian Bank Account FBAR Reporting Requirements Explained

FBAR Reporting Requirements for Cryptocurrency Investors

Filing an FBAR Late: Penalties, Acceptable Reasons and Your Options

Delinquent FBAR Submission Procedures: How to File Late FBARs Without Penalty?

Streamlined Foreign Offshore Procedures (SFOP): What Americans Abroad Need to Know

Streamlined Domestic Offshore Procedures (SDOP): The Complete Guide for U.S. Residents With Unreported Foreign Assets