InvestorsHub Logo
Followers 16
Posts 1898
Boards Moderated 0
Alias Born 05/12/2016

Re: Flenderson post# 80859

Wednesday, 01/23/2019 6:50:34 AM

Wednesday, January 23, 2019 6:50:34 AM

Post# of 140502
Flendy, I'm in the same boat as you with regard to PFIC. I knew nothing about it when I got in, and after reading articles from several links, I can now say that I am an expert in not knowing anything about PFIC status! I'll just have to take my lumps when they come due. The one piece of info I got was that it seems it doesn't apply to retirement accounts (not confirmed) and about 80% of my Titan holdings are in IRAs so hopefully that will be true!

On a subsequent topic... Uggs should be illegal in ANY climate. And the phrase "Man Bun" is an oxymoron!



Message in reply to:

I'm not advising this, but not bothering with PFIC at all. If down the road it actually pertains and they miraculously figure it out I will oblige. Until then I'll plan on paying normal tax rate.