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I would like to know how to calculate Part V (Distributions
I would like to know how to calculate Part V (Distributions From and Dispositions of Stock of a Section 1291 Fund) of Form 8621 for my situation. I'm a US permanent resident. My 2013 Tax status was no… read more
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I am a Canadian citizen living in the USA on a TN Visa. I
Hi, I am a Canadian citizen living in the USA on a TN Visa. I have some foreign mutual funds (~$1500 US) from a commercial bank and so last year I was advised to file a form 8261 for the Foreign Asset… read more
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Robin D When usa permanent resident is living in india
Robin D When usa permanent resident is living in india, they are taxed on their global income but get tax credit for indian taxes paid. Which of them will be considered indian income and which will be… read more
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Hi my name is***** live in the usa , legal resident,I
Hi my name is***** live in the usa , legal resident, I am native from Belgium I have an inheritance and want to buy precious metals and store in a vault in Switzerland but I need a specific form to co… read more
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I have an Individual Savings Account ("ISA") in the UK (allows
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I am a US citizen living in Canada and trying to fill out my
I am a US citizen living in Canada and trying to fill out my 2011 US tax return. A a long-term resident (landed immigrant) of Canada, my retirement savings consists primarily of investments in mutual … read more
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I invested a small amount in the ETF SIVR this year. Do I
I invested a small amount in the ETF SIVR this year. Do I need to file a form 8621 and how do I fill it out? Thanks.… read more
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I filed my taxes for 2011 and have already received my refund.
I filed my taxes for 2011 and have already received my refund. I overlooked one thing. In August 2011 I set up an account with goldmoney.com and purchased gold and silver through them (they hold the g… read more
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Hi, I asked you this question a few days ago (http //bit.ly/onhlf3).
Hi, I asked you this question a few days ago (http://bit.ly/onhlf3). Regarding the same situation (ownership of shares of a PFIC in an IRA and subsequent sale of the shares), do I have to complete For… read more
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If I hold shares of a PFIC in an IRA, so I have to file IRS
If I hold shares of a PFIC in an IRA, so I have to file IRS Form 8621? I know that gains realized inside an IRA are not taxed. I also know that IRA distributions are taxed as ordinary income. Given th… read more
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I am interested in buying into a gold ETF (Zurich Kantonalbank
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I have a retirement savings account at a German Bank. The duration
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I hold some PFICs in a Roth IRA. Do I have to file a Form
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Do I have to fill out forms TD f 90-22.1 and 8621 for a passive
Do I have to fill out forms TD f 90-22.1 and 8621 for a passive foreign investment company (pfic) held in an IRA?… read more
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I just sent in my tax return for 2009. But I realized that
I just sent in my tax return for 2009. But I realized that I need to file an FBAR. However, I didn't indicate on my tax return that I have a foreign account for 2009. 1) What should I do? 2) What are … read more
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Concerning Goldmoney.com, the site that allows you to buy gold
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In an answer you posted on 6/10/2009 re Central Fund of Canada
In an answer you posted on 6/10/2009 re: Central Fund of Canada (CEF) you replied, 'There would not be any issue if you held CEF in tax deferred account - like IRA'. Since CEF holds collectables (gold… read more
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