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Level 3
March 25, 2026
Question

How to enter a PFIC

  • March 25, 2026
  • 0 replies
  • 3 views

I have a UK Taxpayer who became US resident on Jan 1, 2025.  He owned a UK fund pre residency and sold it in 2025.  Does he pay tax on the full capital gain or only on the gain allocated to the days he was a US resident?