Green Card Holder With Foreign Mutual Fund Redemption: PFIC Review  Liquidating foreign mutual funds or unit trusts as a U.S. Green Card holder triggers one of the most punitive...
New U.S. Citizen With Foreign Mutual Fund Redemption: PFIC Review Redeeming foreign mutual funds after acquiring U.S. citizenship can lead to significant tax surprises due to Passive Foreign Investment...
H-1B With Indian Mutual Fund Redemption: U.S. Tax Risk Redeeming Indian mutual funds while residing in the United States on an H-1B visa triggers major cross-border tax complications. While...
 H-1B With PFIC Investment: Form 8621 Questions H-1B workers who hold foreign mutual funds, unit trusts, or offshore pool investments frequently own Passive Foreign Investment Companies. The IRS applies...