1225 Form 8621 (PDF)

Official source: IRS Forms, Instructions & Publications (https://www.irs.gov/pub/irs-pdf/f8621.pdf), retrieved 2026-10-03. U.S. Government work (17 U.S.C. § 105).

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Form

(Rev. December 2025)

Department of the Treasury Internal Revenue Service

Name of shareholder

Go to www.irs.gov/Form8621 for instructions and the latest information.

Identifying number (see instructions)

OMB No. 1545-1002

Attachment Sequence No. 621

Number and street. If a P.O. box, see instructions. Room or suite no.

Shareholder tax year: calendar year 20 or other tax year

beginning , 20 and ending , 20 .

City or town State or province Country ZIP or foreign postal code

Check type of shareholder filing the return: Individual Corporation Partnership S Corporation Nongrantor Trust Estate Check if any Excepted Specified Foreign Financial Assets are reported on this form. See instructions . . . . . . . . . . . . .

Qualifying Insurance Corporation Election—I, a shareholder of stock of a foreign corporation, elect to treat such stock as the stock of a Qualifying Insurance Corporation under the alternative facts and circumstances test within the meaning of section 1297(f)(2). See instructions . . . . .

Name of foreign corporation, passive foreign investment company (PFIC), or qualified electing fund (QEF)

Address (Enter number, street, city or town, and country.)

Employer identification number (if any)

Reference ID number (see instructions)

Tax year of foreign corporation, PFIC, or QEF: calendar year 20

or other tax year beginning, 20

and ending , 20 . Part I Summary of Annual Information (see instructions)

Provide the following information with respect to all shares of the PFIC held by the shareholder:

1 Description of each class of shares held by the shareholder:

Check if shares jointly owned with spouse.

2 Date shares acquired during the tax year, if applicable:

3 Number of shares held at the end of the tax year:

4 Value of shares held at the end of the tax year (check the appropriate box, if applicable): (a) $0–50,000 (b) $50,001–100,000 (c) $100,001–150,000 (d) $150,001–200,000 (e) If more than $200,000, list value:

5 Type of PFIC and amount of any excess distribution or gain treated as an excess distribution under section 1291, inclusion under section 1293, and inclusion or deduction under section 1296 (check all boxes that apply):

(a) Section 1291 $

(b) Section 1293 (Qualified Electing Fund) $

B Election To Extend Time For Payment of Tax. I, a shareholder of a QEF, elect to extend the time for payment of tax on the undistributed earnings and profits of the QEF until this election is terminated. Complete lines 8a through 9c of Part III to calculate the tax that may be deferred.

Note: If any portion of line 6a or line 7a of Part III is includible under section 951, you may not make this election. Also, see sections 1294(c) and 1294(f) and the related regulations for events that terminate this election.

C Election To Mark-to-Market PFIC Stock. I, a shareholder of a PFIC, elect to mark-to-market the PFIC stock that is marketable within the meaning of section 1296(e). Complete Part IV.

D Deemed Sale Election. I, a shareholder on the first day of a PFIC’s first tax year as a QEF, elect to recognize gain on the deemed sale of my interest in the PFIC. Enter gain or loss on line 15f of Part V.

E Deemed Dividend Election. I, a shareholder on the first day of a PFIC’s first tax year as a QEF that is a controlled foreign corporation (CFC), elect to treat an amount equal to my share of the post-1986 earnings and profits of the CFC as an excess distribution. Enter this amount on line 15e(2) of Part V. If the excess distribution is greater than zero, also complete line 16 of Part V.

F Election To Recognize Gain on Deemed Sale of PFIC. I, a shareholder of a former PFIC or a PFIC to which section 1297(d) applies, elect to treat as an excess distribution the gain recognized on the deemed sale of my interest in the PFIC on the last day of its last tax year as a PFIC under section 1297(a). Enter gain on line 15f of Part V.

G Deemed Dividend Election With Respect to a Section 1297(e) PFIC. I, a shareholder of a section 1297(e) PFIC, within the meaning of Regulations section 1.1297-3(a), elect to make a deemed dividend election with respect to the section 1297(e) PFIC. My holding period in the stock of the section 1297(e) PFIC includes the CFC qualification date, as defined in Regulations section 1.1297-3(d). Enter the excess distribution on line 15e(2), Part V. If the excess distribution is greater than zero, also complete line 16, Part V. H Deemed Dividend Election With Respect to a Former PFIC. I, a shareholder of a former PFIC, within the meaning of Regulations section 1.1298-3(a), elect to make a deemed dividend election with respect to the former PFIC. My holding period in the stock of the former PFIC includes the termination date, as defined in Regulations section 1.1298-3(d). Enter the excess distribution on line 15e(2), Part V. If the excess distribution is greater than zero, also complete line 16, Part V.

For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions. Cat. No. 64174H Form 8621 (Rev. 12-2025) Created 8/8/25

Form 8621 (Rev. 12-2025) Page 2 Part III Income From a Qualified Electing Fund (QEF). All QEF shareholders complete lines 6a through 7c. If you are making Election B, also complete lines 8a through 9c. See instructions.

Complete lines 8 and 9 only if you are making a section 1294 election (Election B) for the current tax year.

Note: See instructions in case of multiple sales or dispositions.

Form 8621 (Rev. 12-2025)

Form 8621 (Rev. 12-2025) Page 3 Part V Distributions From and Dispositions of Stock of a Section 1291 Fund (see instructions) Complete a separate Part V for each excess distribution and disposition. See instructions.

Enter the three-letter currency code (see instructions) . . . . . . . . . . . . . . . . . . . . . .

|15 aEnter your total distributions from the section 1291 fund during the current tax year with respect to the
applicable stock. If the holding period of the stock began in the current tax year, see instructions
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**b **


Enter the total distributions (reduced by the portions of such distributions that were excess distributions but
not included in income under section 1291(a)(1)(B)) made by the fund with respect to the applicable stock for
each of the 3 years preceding the current tax year (or if shorter, the portion of the shareholder’s holding period
before the current tax year) .
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**c **
Divide line 15b by 3.0. (See instructions if the number of preceding tax years is less than 3.) .
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d
Multiply line 15c by 125% (1.25)
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e



(1) Subtract line 15d from line 15a. This amount, if more than zero, is the excess distribution with respect to the
applicable stock. If there is an excess distribution, complete line 16. If zero or less and you did not dispose of
stock during the tax year,do not complete the rest of Part V. See instructions if you received more than one
distribution during the current tax year. Also, see instructions for rules for reporting a nonexcess distribution on
your income tax return
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(2) If the amount on line 15e(1) is in a foreign currency, convert to U.S. dollars and enter here. If line 15e(1) is in
U.S. dollars, enter that amount here (see instructions)
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f
Enter gain or loss from the disposition of stock of a section 1291 fund or former section 1291 fund. If a gain,
complete line 16. If a loss, show it in brackets anddo not complete line 16 .
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16


**a **
If there is a positive amount on line 15e(2) or 15f (or both), attach a statement for each excess distribution and
disposition. Show your holding period for each share of stock or block of shares held. Allocate the excess
distribution or gain to each day in your holding period. Add all amounts that are allocated to days in each tax
year.
**b **
Enter the total of the amounts determined in line 16a that are allocable to the current tax year and tax years before the
foreign corporation became a PFIC (pre-PFIC years). Enter these amounts on your income tax return as other income
cEnter the aggregate increases in tax (before credits) for each tax year in your holding period (other than the
current tax year and pre-PFIC years). See instructions .
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d
Foreign tax credit (see instructions)
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e
Subtract line 16d from line 16c. Enter this amount on your income tax return as “additional tax.” See instructions
**f **
Determine interest on each net increase in tax determined on line 16e using the rates and methods of section
6621. Enter the aggregate amount of interest here. See instructions .
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.|15b||

|15 aEnter your total distributions from the section 1291 fund during the current tax year with respect to the
applicable stock. If the holding period of the stock began in the current tax year, see instructions
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**b **


Enter the total distributions (reduced by the portions of such distributions that were excess distributions but
not included in income under section 1291(a)(1)(B)) made by the fund with respect to the applicable stock for
each of the 3 years preceding the current tax year (or if shorter, the portion of the shareholder’s holding period
before the current tax year) .
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**c **
Divide line 15b by 3.0. (See instructions if the number of preceding tax years is less than 3.) .
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d
Multiply line 15c by 125% (1.25)
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e



(1) Subtract line 15d from line 15a. This amount, if more than zero, is the excess distribution with respect to the
applicable stock. If there is an excess distribution, complete line 16. If zero or less and you did not dispose of
stock during the tax year,do not complete the rest of Part V. See instructions if you received more than one
distribution during the current tax year. Also, see instructions for rules for reporting a nonexcess distribution on
your income tax return
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(2) If the amount on line 15e(1) is in a foreign currency, convert to U.S. dollars and enter here. If line 15e(1) is in
U.S. dollars, enter that amount here (see instructions)
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f
Enter gain or loss from the disposition of stock of a section 1291 fund or former section 1291 fund. If a gain,
complete line 16. If a loss, show it in brackets anddo not complete line 16 .
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16


**a **
If there is a positive amount on line 15e(2) or 15f (or both), attach a statement for each excess distribution and
disposition. Show your holding period for each share of stock or block of shares held. Allocate the excess
distribution or gain to each day in your holding period. Add all amounts that are allocated to days in each tax
year.
**b **
Enter the total of the amounts determined in line 16a that are allocable to the current tax year and tax years before the
foreign corporation became a PFIC (pre-PFIC years). Enter these amounts on your income tax return as other income
cEnter the aggregate increases in tax (before credits) for each tax year in your holding period (other than the
current tax year and pre-PFIC years). See instructions .
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d
Foreign tax credit (see instructions)
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e
Subtract line 16d from line 16c. Enter this amount on your income tax return as “additional tax.” See instructions
**f **
Determine interest on each net increase in tax determined on line 16e using the rates and methods of section
6621. Enter the aggregate amount of interest here. See instructions .
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|15 aEnter your total distributions from the section 1291 fund during the current tax year with respect to the
applicable stock. If the holding period of the stock began in the current tax year, see instructions
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**b **


Enter the total distributions (reduced by the portions of such distributions that were excess distributions but
not included in income under section 1291(a)(1)(B)) made by the fund with respect to the applicable stock for
each of the 3 years preceding the current tax year (or if shorter, the portion of the shareholder’s holding period
before the current tax year) .
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**c **
Divide line 15b by 3.0. (See instructions if the number of preceding tax years is less than 3.) .
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d
Multiply line 15c by 125% (1.25)
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e



(1) Subtract line 15d from line 15a. This amount, if more than zero, is the excess distribution with respect to the
applicable stock. If there is an excess distribution, complete line 16. If zero or less and you did not dispose of
stock during the tax year,do not complete the rest of Part V. See instructions if you received more than one
distribution during the current tax year. Also, see instructions for rules for reporting a nonexcess distribution on
your income tax return
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(2) If the amount on line 15e(1) is in a foreign currency, convert to U.S. dollars and enter here. If line 15e(1) is in
U.S. dollars, enter that amount here (see instructions)
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f
Enter gain or loss from the disposition of stock of a section 1291 fund or former section 1291 fund. If a gain,
complete line 16. If a loss, show it in brackets anddo not complete line 16 .
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16


**a **
If there is a positive amount on line 15e(2) or 15f (or both), attach a statement for each excess distribution and
disposition. Show your holding period for each share of stock or block of shares held. Allocate the excess
distribution or gain to each day in your holding period. Add all amounts that are allocated to days in each tax
year.
**b **
Enter the total of the amounts determined in line 16a that are allocable to the current tax year and tax years before the
foreign corporation became a PFIC (pre-PFIC years). Enter these amounts on your income tax return as other income
cEnter the aggregate increases in tax (before credits) for each tax year in your holding period (other than the
current tax year and pre-PFIC years). See instructions .
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d
Foreign tax credit (see instructions)
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e
Subtract line 16d from line 16c. Enter this amount on your income tax return as “additional tax.” See instructions
**f **
Determine interest on each net increase in tax determined on line 16e using the rates and methods of section
6621. Enter the aggregate amount of interest here. See instructions .
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|15 aEnter your total distributions from the section 1291 fund during the current tax year with respect to the
applicable stock. If the holding period of the stock began in the current tax year, see instructions
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**b **


Enter the total distributions (reduced by the portions of such distributions that were excess distributions but
not included in income under section 1291(a)(1)(B)) made by the fund with respect to the applicable stock for
each of the 3 years preceding the current tax year (or if shorter, the portion of the shareholder’s holding period
before the current tax year) .
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**c **
Divide line 15b by 3.0. (See instructions if the number of preceding tax years is less than 3.) .
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d
Multiply line 15c by 125% (1.25)
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e



(1) Subtract line 15d from line 15a. This amount, if more than zero, is the excess distribution with respect to the
applicable stock. If there is an excess distribution, complete line 16. If zero or less and you did not dispose of
stock during the tax year,do not complete the rest of Part V. See instructions if you received more than one
distribution during the current tax year. Also, see instructions for rules for reporting a nonexcess distribution on
your income tax return
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(2) If the amount on line 15e(1) is in a foreign currency, convert to U.S. dollars and enter here. If line 15e(1) is in
U.S. dollars, enter that amount here (see instructions)
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f
Enter gain or loss from the disposition of stock of a section 1291 fund or former section 1291 fund. If a gain,
complete line 16. If a loss, show it in brackets anddo not complete line 16 .
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16


**a **
If there is a positive amount on line 15e(2) or 15f (or both), attach a statement for each excess distribution and
disposition. Show your holding period for each share of stock or block of shares held. Allocate the excess
distribution or gain to each day in your holding period. Add all amounts that are allocated to days in each tax
year.
**b **
Enter the total of the amounts determined in line 16a that are allocable to the current tax year and tax years before the
foreign corporation became a PFIC (pre-PFIC years). Enter these amounts on your income tax return as other income
cEnter the aggregate increases in tax (before credits) for each tax year in your holding period (other than the
current tax year and pre-PFIC years). See instructions .
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d
Foreign tax credit (see instructions)
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e
Subtract line 16d from line 16c. Enter this amount on your income tax return as “additional tax.” See instructions
**f **
Determine interest on each net increase in tax determined on line 16e using the rates and methods of section
6621. Enter the aggregate amount of interest here. See instructions .
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|15 aEnter your total distributions from the section 1291 fund during the current tax year with respect to the
applicable stock. If the holding period of the stock began in the current tax year, see instructions
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**b **


Enter the total distributions (reduced by the portions of such distributions that were excess distributions but
not included in income under section 1291(a)(1)(B)) made by the fund with respect to the applicable stock for
each of the 3 years preceding the current tax year (or if shorter, the portion of the shareholder’s holding period
before the current tax year) .
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**c **
Divide line 15b by 3.0. (See instructions if the number of preceding tax years is less than 3.) .
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d
Multiply line 15c by 125% (1.25)
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e



(1) Subtract line 15d from line 15a. This amount, if more than zero, is the excess distribution with respect to the
applicable stock. If there is an excess distribution, complete line 16. If zero or less and you did not dispose of
stock during the tax year,do not complete the rest of Part V. See instructions if you received more than one
distribution during the current tax year. Also, see instructions for rules for reporting a nonexcess distribution on
your income tax return
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(2) If the amount on line 15e(1) is in a foreign currency, convert to U.S. dollars and enter here. If line 15e(1) is in
U.S. dollars, enter that amount here (see instructions)
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f
Enter gain or loss from the disposition of stock of a section 1291 fund or former section 1291 fund. If a gain,
complete line 16. If a loss, show it in brackets anddo not complete line 16 .
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16


**a **
If there is a positive amount on line 15e(2) or 15f (or both), attach a statement for each excess distribution and
disposition. Show your holding period for each share of stock or block of shares held. Allocate the excess
distribution or gain to each day in your holding period. Add all amounts that are allocated to days in each tax
year.
**b **
Enter the total of the amounts determined in line 16a that are allocable to the current tax year and tax years before the
foreign corporation became a PFIC (pre-PFIC years). Enter these amounts on your income tax return as other income
cEnter the aggregate increases in tax (before credits) for each tax year in your holding period (other than the
current tax year and pre-PFIC years). See instructions .
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d
Foreign tax credit (see instructions)
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e
Subtract line 16d from line 16c. Enter this amount on your income tax return as “additional tax.” See instructions
**f **
Determine interest on each net increase in tax determined on line 16e using the rates and methods of section
6621. Enter the aggregate amount of interest here. See instructions .
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|15 aEnter your total distributions from the section 1291 fund during the current tax year with respect to the
applicable stock. If the holding period of the stock began in the current tax year, see instructions
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**b **


Enter the total distributions (reduced by the portions of such distributions that were excess distributions but
not included in income under section 1291(a)(1)(B)) made by the fund with respect to the applicable stock for
each of the 3 years preceding the current tax year (or if shorter, the portion of the shareholder’s holding period
before the current tax year) .
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**c **
Divide line 15b by 3.0. (See instructions if the number of preceding tax years is less than 3.) .
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d
Multiply line 15c by 125% (1.25)
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e



(1) Subtract line 15d from line 15a. This amount, if more than zero, is the excess distribution with respect to the
applicable stock. If there is an excess distribution, complete line 16. If zero or less and you did not dispose of
stock during the tax year,do not complete the rest of Part V. See instructions if you received more than one
distribution during the current tax year. Also, see instructions for rules for reporting a nonexcess distribution on
your income tax return
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(2) If the amount on line 15e(1) is in a foreign currency, convert to U.S. dollars and enter here. If line 15e(1) is in
U.S. dollars, enter that amount here (see instructions)
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f
Enter gain or loss from the disposition of stock of a section 1291 fund or former section 1291 fund. If a gain,
complete line 16. If a loss, show it in brackets anddo not complete line 16 .
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16


**a **
If there is a positive amount on line 15e(2) or 15f (or both), attach a statement for each excess distribution and
disposition. Show your holding period for each share of stock or block of shares held. Allocate the excess
distribution or gain to each day in your holding period. Add all amounts that are allocated to days in each tax
year.
**b **
Enter the total of the amounts determined in line 16a that are allocable to the current tax year and tax years before the
foreign corporation became a PFIC (pre-PFIC years). Enter these amounts on your income tax return as other income
cEnter the aggregate increases in tax (before credits) for each tax year in your holding period (other than the
current tax year and pre-PFIC years). See instructions .
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d
Foreign tax credit (see instructions)
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e
Subtract line 16d from line 16c. Enter this amount on your income tax return as “additional tax.” See instructions
**f **
Determine interest on each net increase in tax determined on line 16e using the rates and methods of section
6621. Enter the aggregate amount of interest here. See instructions .
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.|15f||

|15 aEnter your total distributions from the section 1291 fund during the current tax year with respect to the
applicable stock. If the holding period of the stock began in the current tax year, see instructions
.
.
.
.
**b **


Enter the total distributions (reduced by the portions of such distributions that were excess distributions but
not included in income under section 1291(a)(1)(B)) made by the fund with respect to the applicable stock for
each of the 3 years preceding the current tax year (or if shorter, the portion of the shareholder’s holding period
before the current tax year) .
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**c **
Divide line 15b by 3.0. (See instructions if the number of preceding tax years is less than 3.) .
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d
Multiply line 15c by 125% (1.25)
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e



(1) Subtract line 15d from line 15a. This amount, if more than zero, is the excess distribution with respect to the
applicable stock. If there is an excess distribution, complete line 16. If zero or less and you did not dispose of
stock during the tax year,do not complete the rest of Part V. See instructions if you received more than one
distribution during the current tax year. Also, see instructions for rules for reporting a nonexcess distribution on
your income tax return
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.
(2) If the amount on line 15e(1) is in a foreign currency, convert to U.S. dollars and enter here. If line 15e(1) is in
U.S. dollars, enter that amount here (see instructions)
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f
Enter gain or loss from the disposition of stock of a section 1291 fund or former section 1291 fund. If a gain,
complete line 16. If a loss, show it in brackets anddo not complete line 16 .
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16


**a **
If there is a positive amount on line 15e(2) or 15f (or both), attach a statement for each excess distribution and
disposition. Show your holding period for each share of stock or block of shares held. Allocate the excess
distribution or gain to each day in your holding period. Add all amounts that are allocated to days in each tax
year.
**b **
Enter the total of the amounts determined in line 16a that are allocable to the current tax year and tax years before the
foreign corporation became a PFIC (pre-PFIC years). Enter these amounts on your income tax return as other income
cEnter the aggregate increases in tax (before credits) for each tax year in your holding period (other than the
current tax year and pre-PFIC years). See instructions .
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d
Foreign tax credit (see instructions)
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e
Subtract line 16d from line 16c. Enter this amount on your income tax return as “additional tax.” See instructions
**f **
Determine interest on each net increase in tax determined on line 16e using the rates and methods of section
6621. Enter the aggregate amount of interest here. See instructions .
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.|16b||

|15 aEnter your total distributions from the section 1291 fund during the current tax year with respect to the
applicable stock. If the holding period of the stock began in the current tax year, see instructions
.
.
.
.
**b **


Enter the total distributions (reduced by the portions of such distributions that were excess distributions but
not included in income under section 1291(a)(1)(B)) made by the fund with respect to the applicable stock for
each of the 3 years preceding the current tax year (or if shorter, the portion of the shareholder’s holding period
before the current tax year) .
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**c **
Divide line 15b by 3.0. (See instructions if the number of preceding tax years is less than 3.) .
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d
Multiply line 15c by 125% (1.25)
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e



(1) Subtract line 15d from line 15a. This amount, if more than zero, is the excess distribution with respect to the
applicable stock. If there is an excess distribution, complete line 16. If zero or less and you did not dispose of
stock during the tax year,do not complete the rest of Part V. See instructions if you received more than one
distribution during the current tax year. Also, see instructions for rules for reporting a nonexcess distribution on
your income tax return
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(2) If the amount on line 15e(1) is in a foreign currency, convert to U.S. dollars and enter here. If line 15e(1) is in
U.S. dollars, enter that amount here (see instructions)
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f
Enter gain or loss from the disposition of stock of a section 1291 fund or former section 1291 fund. If a gain,
complete line 16. If a loss, show it in brackets anddo not complete line 16 .
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16


**a **
If there is a positive amount on line 15e(2) or 15f (or both), attach a statement for each excess distribution and
disposition. Show your holding period for each share of stock or block of shares held. Allocate the excess
distribution or gain to each day in your holding period. Add all amounts that are allocated to days in each tax
year.
**b **
Enter the total of the amounts determined in line 16a that are allocable to the current tax year and tax years before the
foreign corporation became a PFIC (pre-PFIC years). Enter these amounts on your income tax return as other income
cEnter the aggregate increases in tax (before credits) for each tax year in your holding period (other than the
current tax year and pre-PFIC years). See instructions .
.
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d
Foreign tax credit (see instructions)
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e
Subtract line 16d from line 16c. Enter this amount on your income tax return as “additional tax.” See instructions
**f **
Determine interest on each net increase in tax determined on line 16e using the rates and methods of section
6621. Enter the aggregate amount of interest here. See instructions .
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.|16c||

|15 aEnter your total distributions from the section 1291 fund during the current tax year with respect to the
applicable stock. If the holding period of the stock began in the current tax year, see instructions
.
.
.
.
**b **


Enter the total distributions (reduced by the portions of such distributions that were excess distributions but
not included in income under section 1291(a)(1)(B)) made by the fund with respect to the applicable stock for
each of the 3 years preceding the current tax year (or if shorter, the portion of the shareholder’s holding period
before the current tax year) .
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**c **
Divide line 15b by 3.0. (See instructions if the number of preceding tax years is less than 3.) .
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d
Multiply line 15c by 125% (1.25)
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e



(1) Subtract line 15d from line 15a. This amount, if more than zero, is the excess distribution with respect to the
applicable stock. If there is an excess distribution, complete line 16. If zero or less and you did not dispose of
stock during the tax year,do not complete the rest of Part V. See instructions if you received more than one
distribution during the current tax year. Also, see instructions for rules for reporting a nonexcess distribution on
your income tax return
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(2) If the amount on line 15e(1) is in a foreign currency, convert to U.S. dollars and enter here. If line 15e(1) is in
U.S. dollars, enter that amount here (see instructions)
.
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f
Enter gain or loss from the disposition of stock of a section 1291 fund or former section 1291 fund. If a gain,
complete line 16. If a loss, show it in brackets anddo not complete line 16 .
.
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.
.
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.
16


**a **
If there is a positive amount on line 15e(2) or 15f (or both), attach a statement for each excess distribution and
disposition. Show your holding period for each share of stock or block of shares held. Allocate the excess
distribution or gain to each day in your holding period. Add all amounts that are allocated to days in each tax
year.
**b **
Enter the total of the amounts determined in line 16a that are allocable to the current tax year and tax years before the
foreign corporation became a PFIC (pre-PFIC years). Enter these amounts on your income tax return as other income
cEnter the aggregate increases in tax (before credits) for each tax year in your holding period (other than the
current tax year and pre-PFIC years). See instructions .
.
.
.
.
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d
Foreign tax credit (see instructions)
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e
Subtract line 16d from line 16c. Enter this amount on your income tax return as “additional tax.” See instructions
**f **
Determine interest on each net increase in tax determined on line 16e using the rates and methods of section
6621. Enter the aggregate amount of interest here. See instructions .
.
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.
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.
.|16d||

|15 aEnter your total distributions from the section 1291 fund during the current tax year with respect to the
applicable stock. If the holding period of the stock began in the current tax year, see instructions
.
.
.
.
**b **


Enter the total distributions (reduced by the portions of such distributions that were excess distributions but
not included in income under section 1291(a)(1)(B)) made by the fund with respect to the applicable stock for
each of the 3 years preceding the current tax year (or if shorter, the portion of the shareholder’s holding period
before the current tax year) .
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**c **
Divide line 15b by 3.0. (See instructions if the number of preceding tax years is less than 3.) .
.
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.
d
Multiply line 15c by 125% (1.25)
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e



(1) Subtract line 15d from line 15a. This amount, if more than zero, is the excess distribution with respect to the
applicable stock. If there is an excess distribution, complete line 16. If zero or less and you did not dispose of
stock during the tax year,do not complete the rest of Part V. See instructions if you received more than one
distribution during the current tax year. Also, see instructions for rules for reporting a nonexcess distribution on
your income tax return
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.
(2) If the amount on line 15e(1) is in a foreign currency, convert to U.S. dollars and enter here. If line 15e(1) is in
U.S. dollars, enter that amount here (see instructions)
.
.
.
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.
.
.
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.
.
f
Enter gain or loss from the disposition of stock of a section 1291 fund or former section 1291 fund. If a gain,
complete line 16. If a loss, show it in brackets anddo not complete line 16 .
.
.
.
.
.
.
.
.
.
.
16


**a **
If there is a positive amount on line 15e(2) or 15f (or both), attach a statement for each excess distribution and
disposition. Show your holding period for each share of stock or block of shares held. Allocate the excess
distribution or gain to each day in your holding period. Add all amounts that are allocated to days in each tax
year.
**b **
Enter the total of the amounts determined in line 16a that are allocable to the current tax year and tax years before the
foreign corporation became a PFIC (pre-PFIC years). Enter these amounts on your income tax return as other income
cEnter the aggregate increases in tax (before credits) for each tax year in your holding period (other than the
current tax year and pre-PFIC years). See instructions .
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
d
Foreign tax credit (see instructions)
.
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.
.
.
.
.
.
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.
.
e
Subtract line 16d from line 16c. Enter this amount on your income tax return as “additional tax.” See instructions
**f **
Determine interest on each net increase in tax determined on line 16e using the rates and methods of section
6621. Enter the aggregate amount of interest here. See instructions .
.
.
.
.
.
.
.
.
.
.
.
.|16e||

|15 aEnter your total distributions from the section 1291 fund during the current tax year with respect to the
applicable stock. If the holding period of the stock began in the current tax year, see instructions
.
.
.
.
**b **


Enter the total distributions (reduced by the portions of such distributions that were excess distributions but
not included in income under section 1291(a)(1)(B)) made by the fund with respect to the applicable stock for
each of the 3 years preceding the current tax year (or if shorter, the portion of the shareholder’s holding period
before the current tax year) .
.
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.
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.
.
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.
.
.
.
**c **
Divide line 15b by 3.0. (See instructions if the number of preceding tax years is less than 3.) .
.
.
.
.
.
d
Multiply line 15c by 125% (1.25)
.
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.
e



(1) Subtract line 15d from line 15a. This amount, if more than zero, is the excess distribution with respect to the
applicable stock. If there is an excess distribution, complete line 16. If zero or less and you did not dispose of
stock during the tax year,do not complete the rest of Part V. See instructions if you received more than one
distribution during the current tax year. Also, see instructions for rules for reporting a nonexcess distribution on
your income tax return
.
.
.
.
.
.
.
.
.
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.
.
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.
.
.
.
.
.
.
.
.
.
(2) If the amount on line 15e(1) is in a foreign currency, convert to U.S. dollars and enter here. If line 15e(1) is in
U.S. dollars, enter that amount here (see instructions)
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
f
Enter gain or loss from the disposition of stock of a section 1291 fund or former section 1291 fund. If a gain,
complete line 16. If a loss, show it in brackets anddo not complete line 16 .
.
.
.
.
.
.
.
.
.
.
16


**a **
If there is a positive amount on line 15e(2) or 15f (or both), attach a statement for each excess distribution and
disposition. Show your holding period for each share of stock or block of shares held. Allocate the excess
distribution or gain to each day in your holding period. Add all amounts that are allocated to days in each tax
year.
**b **
Enter the total of the amounts determined in line 16a that are allocable to the current tax year and tax years before the
foreign corporation became a PFIC (pre-PFIC years). Enter these amounts on your income tax return as other income
cEnter the aggregate increases in tax (before credits) for each tax year in your holding period (other than the
current tax year and pre-PFIC years). See instructions .
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
d
Foreign tax credit (see instructions)
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
e
Subtract line 16d from line 16c. Enter this amount on your income tax return as “additional tax.” See instructions
**f **
Determine interest on each net increase in tax determined on line 16e using the rates and methods of section
6621. Enter the aggregate amount of interest here. See instructions .
.
.
.
.
.
.
.
.
.
.
.
.|16f
||

Form 8621 (Rev. 12-2025) Page 4 Part VI Status of Prior Year Section 1294 Elections and Termination of Section 1294 Elections Complete a separate column for each outstanding election.

Complete lines 17 through
20 to report the status of
outstanding prior year
section 1294 elections.
17 Tax year of outstanding
election . . . . . . .
18 Undistributed earnings to
which the election relates .
19 Deferred tax . . . . .
20 Interest accrued on deferred
tax (line 19) as of the filing date