Hi DaveF1006,Thanks for your reply.Mutual funds from India are considered PFIC. What about this requirement for form 8621?Are reporting information with respect...
pk,mutual funds are in India and are not available in US marketexamples - ITI Flex Cap Fund, Sundaram Financial Serv Opp. , UTI Balanced Advantage Fund
I'm also looking for guidance. I purchased 4 mutual funds in India in Sep 2024 and so far haven't realized any gains via dividends or sold any funds. Do I need ...
