Automated PFIC §1291 & §1296 Workpapers
Automate Complex PFIC Calculations. This engine handles the full complexity of Section §1291 excess distributions and MTM §1296 elections, designed specifically for EAs and CPAs.
Stop struggling with Excel. We generate audit-ready workpapers that include FIFO lot tracking, historic FX basis, §6621 interest, and Form 8621 supporting schedules.
Data Handling: Uploaded CSVs contain no personal identity information. Files may be temporarily retained strictly for error tracing and calculation debugging.
Disclaimer: Users are responsible for reviewing inputs and confirming accuracy. This tool applies IRS instructions but does not provide legal or tax advice. No warranties express or implied.
Need sample data? Download §1291 & MTM test cases from the User Guide.
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