How to Complete IRS Form 8621 - Mark to Market (MTM) Election

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When a U.S. person holds stock in a Passive Foreign Investment Company (PFIC), there are required tax return disclosures and certain available elections.

If a U.S. person holds stock in a PFIC that is regularly traded on a public stock exchange, the person can make a Mark-to-Market (MTM) election for the PFIC.

PFIC QEF Election:    • IRS Form 8621 - How to Complete QEF E...  

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