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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

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TaxAct and Form 8621: The Form Is There. The Calculation Isn’t.

By Edward Parsons, CPA · licensed since 2009 Key takeaways People who leave TurboTax over Form 8621

TurboTax Doesn’t Do Form 8621: What to Do Instead

By Edward Parsons, CPA · licensed since 2009 Key takeaways It usually happens the same way. You

Can ChatGPT Do Your PFIC Calculation? Have It Check the Math Instead

By Edward Parsons, CPA · licensed since 2009 Key takeaways More people now ask an AI assistant

The Massachusetts Health Insurance Mandate and Schedule HC: What Still Applies

Massachusetts runs its own individual health insurance mandate, separate from the federal rules and still carrying a

How to Make a Payment on MassTaxConnect: Bills, Returns, Estimates and Extensions

MassTaxConnect handles bill payments, return payments, estimated payments and extension payments, each through a different route. Bank

Massachusetts Corporate Excise Tax for Startups: The $456 Minimum and What Sits Above It

The Massachusetts corporate excise has two parts. The income measure is 8.0% of net income apportioned to

Massachusetts Estimated Tax Payments: A Founder’s Guide to Safe Harbors and Deadlines

Massachusetts expects at least 80% of the year’s tax to be paid through withholding and estimated payments,

Founder Equity and Massachusetts Tax: 83(b) Elections, Options and the 4% Surtax

An 83(b) election must be filed within 30 days of the grant and cannot be made late.

PFIC Tax Implications for U.S. Citizens Abroad in United States

PFIC tax rules explained for U.S. citizens holding foreign mutual funds and ETFs. Edward Parsons, CPA resolves
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