Skip to content
ChatProjectCodes

Instructions for Form 8621›(Rev. December 2025)›General Instructions

Rounding Off to Whole Dollars

Instruction 8621 — Instructions for Form 8621, Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund · 2026-10-03 edition · updated 2026-10-04 · United States

The shareholder may enter decimal points and cents when completing Form 8621. However, the shareholder should consider rounding off cents to whole dollars on Form 8621 because it may make completing the form easier. The shareholder must either round off all amounts on Form 8621 to whole dollars or use cents for all amounts. To round, drop amounts under 50 cents and increase amounts from 50 to 99 cents to the next dollar. For example, $8.40 rounds to $8 and $8.50 rounds to $9.

If two or more amounts must be added to figure the amount to enter on a line, include cents when adding the amounts and round off only the total.

Marketable stock. Marketable stock is:

  • PFIC stock that is regularly traded (as defined in Regulations section 1.1296-2(b)) on:

  1. A national securities exchange that is registered with the Securities and Exchange Commission (SEC),

  2. The national market system established under section 11A of the Securities Exchange Act of 1934, or

Instructions for Form 8621 (Rev. 12-2025) 3

Get a plain-English answer with a citation back to this text.

Ask AI about this code
Export this section
▸Contents — Instruction 8621 — Instructions for Form 8621, Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund
Instruction 8621 — Instructions for Form 8621, Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund

GoCodebook provides public access, search, citation, multilingual explanation, and practical interpretation of legally adopted building regulations. It is not a substitute for the official ICC or California code publications.