Tax form 8621, Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund, is used to report income from foreign mutual funds, also referred to as passive foreign investment companies (PFICs). Are you reporting Foreign Mutual Funds information in your return? If not, then do as robertb1326 suggests.
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Select Tax Tools from the menu on the left
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Then select Tools
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When the new menu pops up select Delete a Form
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You will see a list of all the forms in your return
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Find the form that you want to delete (8621, K-1)
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Select the Form
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Click Delete on the right
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