Free tool · US taxpayers

What are your Indian mutual funds costing you under the PFIC rules?

Indian mutual funds are Passive Foreign Investment Companies for US tax purposes. Without a QEF or mark-to-market election, gains are taxed under the excess-distribution regime: spread across every day you held them, charged at each year’s top rate, with interest running from that year’s filing deadline. Enter what you bought and we will show the whole derivation.