Form 1041 and form 8960

Forum|Forum|5 months ago
April 8, 2026
2 replies
45 views

In the box 14 of the form 1041, I have a H with a -$16,961. How do I get it to populate the Form 8960?

M-MTax

Level 15

@djgoodvin wrote:
In the box 14 of the form 1041, I have a H with a -$16,961. How do I get it to populate the Form 8960?

The program will do that automatically, provided Form 8960 is required.

DavidD66

Level 15

M-MTax is correct. If your MAGI is above the Net Investment Income (NII) threshold, Form 8960 will be generated and the amount in box 14 - H of your K-1 (Form 1041) will flow directly to Form 8960. For 2026, the MAGI thresholds are $250,000 for married filing jointly or qualifying surviving spouses, $200,000 for single or head of household filers, and $125,000 for married filing separately.

**Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"