1040-US: Form 8960, line 4b calculation

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How does Form 8960 line 4b, Adjustment for net income or loss derived in the ordinary course of a non-section 1411 trade or business calculate?


Form 8960 line 4a reports the amounts from Form 1040 line 17. Line 4b is the adjustment to remove income or loss allocable to a non-section 1411 trade or business from the total reported on line 4a. UltraTax/1040 determines a non-section 1411 trade or business by:

Related topic: Form 8960 - Net Investment Income Tax FAQs (1040)

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