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Level 2
July 31, 2020
Question

PFIC (FORM 8621) for spouse

  • July 31, 2020
  • 2 replies
  • 33 views

How do I enter the PFIC (Form 8621) for spouse in Proseries for Joint filing?

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2 replies

Intuit Community Champion
August 1, 2020

Attach as a PDF. This is from instructions for form 8621:  "Shareholders filing a joint return may
file a single Form 8621 with respect to a single PFIC in which each joint filer owns an interest."

Here is a link so you can read all the instructions:  https://www.irs.gov/pub/irs-pdf/i8621.pdf

SanjnepalAuthor
Level 2
August 3, 2020

Thank you for your reply. I was hoping to file all the joint filing together without any attachments since Proseries provided the option for Form 8621 to be included with the tax return staring in 2019 software. I was trying to find that option but it looks like I need to go back to filing separate returns for spouse. Thank you again.

Sanjeev