It depends. A 8621 is filed if you are a shareholder of a Passive Foreign investment Company (PFIC): This would be filed if you:
- Receives certain direct or indirect distributions from a PFIC. This include distribution of dividends.
- Recognizes gain on a direct or indirect disposition of PFIC stock,
- Is reporting information with respect to a Qualified Electing Fund (QEF) or section 1296 mark-to-market election,
- Is making an election reportable in Part II of the form, or
- Is required to file an annual report pursuant to section 1298(f). See the Part I instructions, later, for more information regarding the person that must file pursuant to section 1298(f).
- There is no threshold regarding the $ amount of distributions thus any amount paid should be reported on a 8621.
Please, read this IRS article for further assistance.
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