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Re: bidds post# 107536

Saturday, 06/13/2020 6:39:09 PM

Saturday, June 13, 2020 6:39:09 PM

Post# of 140474
Yes, if you do not elect the QEF each year, I believe you are taxed at your regular rate, not capital gains. Scalpel and SPORT19 can probably give more specifics. Some investors have chosen to ignore the PFIC status but it sounds like the IRS does crack down on it. Sorry if you did not know about it. It periodically has come up on this board and I try to remind everyone about it every so often.