I have to enter 58 PFIC (Mutual Funds) for one of my client. Is there a easier way to enter these info into the Form 8621 since Pro series do NOT support Form 8621.

[Sanjnepal]

Is there a way to file a tax electronically without the form 8621 and send these files to IRS as PDF attachment?

[itonewbie · Accepted solution]

You'll need to attach the form as a PDF to the return in PS and e-file that together with the 1040 after making the necessary override(s) on 1040 for QEF/MTM.  If these are foreign mutual funds, however, more likely than not, you client won't have the annual statement necessary to make the QEF election to start with.