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New Member
posted Apr 12, 2024 3:32:33 PM

Form 8621 for Indian Mutual Fund

I purchased in 2023 a mutual fund in India. I have income from it as yet. Do I need to file Form 8621? 

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2 Replies
New Member
Apr 12, 2024 3:35:13 PM

Opps: I meant to type "I have no income from it as yet"

Level 15
Apr 12, 2024 4:12:05 PM

@pizzatail , I cannot see how it relates to you  --- there is nothing to report till there is any distribution to you. ( PFIC distribution ) -- only then would you need  the form

However, this investment  ( which is semiliquid ) may come under FATCA regs  and therefore you may have to report this  ( form 8938 )

 

Is there more I can do for you ?