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I have realized gains from mutual funds I inherited in another country. Where do I enter it in turbotax

It gete reported in form 6621
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1 Reply
pk
Level 15
Level 15

I have realized gains from mutual funds I inherited in another country. Where do I enter it in turbotax

@ashokkchhabra , Namaste Ashok ji. I am at a loss to understand what your issue is.  If it is a mutual fund that foreign, then the realized gains generally would not be reported to you with a US/IRS form ( there is no 6621 pub or form on IRS website  there is a section 6621 of the IRC but it does not seem applicable here ).  Please could you either add more info  about the exact situation or PM me ( just NO PII -- Personally Identifiable Information).

 

I will circle back once I hear from you -- yes ?

 

pk

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