Adjusting line 4a on Form 8960
To adjust the amount on line 4a of Form 8960 Net Investment Income Tax, go to:
- Federal Section
- Less Common Income
- K-1 Earnings
- Schedule K-1 Form 1041
- Adjust the amount listed in box 5
Line 4a is the rental real estate, royalty, partnership, S corporations, trust income subject to Net Investment Income Tax.