TY PK.
so for 8621, I will file and MTM. And on 1040 return, I should calculate tax due on growth of total value and pay it as additional income?
now only thing I need to clarify is how do I submit 1040, schedules and 8621 together? TTAx does not support 8621 I believe.
as for 720- Should I go ahead and send separately as has been suggested by some online e advise on 720? TY
