- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Form 8960, line 7 is also for "Recoveries of deductions taken on a prior year's Form 8960". Instructions state to See Deduction Recoveries & fill in the Line 7 Worksheet.
How do you fill out this worksheet? I had a state tax refund of $7193 and I deducted $3495 of this on a prior 8960, line 9b, resulting in a savings on my NIIT of $132. How do I use this information to fill in my current 8960 line 7?
March 9, 2023
11:30 AM