@lunder211 wrote:
I was unable to use Turbotax for 2021 because of Form 8621 was required and I could not file electonically. Will this still be required in 2022. Shell Oil is the only foreign asset I have and it was purchased years ago thru a local broker. Pleas advise.
TurboTax does not support IRS Form 8621, Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund.
If you are required to submit this form with you tax return the return will have to be printed and mailed.
Attach Form 8621 to the shareholder's tax return (or, if applicable, partnership or exempt organization return) and file both by the due date, including extensions, of the return at the Internal Revenue Service Center where the tax return is required to be filed.
If you are not required to file an income tax return or other return for the tax year, file Form 8621 directly with the Internal Revenue Service Center, Ogden, UT 84201-0201.
