PFICs

[whelchej]

Please expand TurboTax to include the PFIC IRS form 8621.  I cannot file that form with a paper return as some suggest because my state requires electronic filing in order to obtain tax credits.  This conflict forces me to use a paid preparer instead of TurboTax.  If you own stock in any foreign company that owns other securities, such as a foreign ETF or mutual fund, you probably have a PFIC.  For example, the Sprott Physical Gold Trust based in Canada is a PFIC.

[Kat]

I can share your post with TurboTax Moderators, who can share your ideas with TurboTax Developers.  Thank you for your suggestion!

[whelchej]

Thank you!