1041-US: Modifying investment income reported on Form 8960 (FAQ)

Alerts and notices
Leave feedback

Internal Employees: Submit feedback

Contact information (optional):

Leave this blank:

Please tell us how we can make this information more helpful.


Characters left:

Change to CS Support service hours

Our Support department is closed on [[date]]. However, limited UltraTax CS phone support is available on that date from 9 AM - 5 PM ET due to the approaching deadline.

Links to our most popular tax processing topics are available in the Alerts and notices section on the right side of most pages.

Question

How do I modify the investment income reported on Form 8960?

Answer

Section 1411 investment income is defined differently from investment income for Form 4952. Here are income types considered investment income based on Form 8960 instructions.

Use Screen 8960 in the Taxes folder to modify the amounts (other than interest and dividends) considered investment income.

Related topic: 1041-US: Form 8960 FAQs

Share This