Disposition not subject to tax (line 5b)

To adjust the amount included on line 5a of the 8960 Form, make an entry on line 5b.

How do I determine the amount to enter on line 5b?

To figure the amount to enter for line 5b, complete the Net Gains and Losses worksheet in the 8960 instruction booklet. 

Program Entry

  1. Other Taxes
  2. Net Investment Income Tax (NIIT) Form 8960
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