I calculate my share of the PFIC's capital gain by using information reported to me on the PFIC's Annual Statement. The annual statement is the closest thing I have to a 1099 or k-1 as PFIC income does not get reported on either of of those tax forms. All I am provided with on the Annual Statement is the ordinary income and capital gain per share. I don't have sell proceeds and cost data for the capital gain. By entering the gain as the proceeds and zero for cost, I am getting the correct amount of taxable gain to be reported on Schedule D.
