Lunna
Returning Member

Why do I have to file a Form 8960 and Schedule 2 if I had no 'investments' but only interest income from bank CDs, social sec and salary?

What is this about a $200,000 threshold?  All my income together is over 200,000 dollars, but again, there I have no investments, just interest from simple bank CDs, income from my salary at work and social security.  Has IRS somehow upped my income tax?  (the additional income is reflected at items 17 and 21 of the Form 8960.)   So, am I paying additional tax beyond even though I have no 'investments.'   Man, I'm getting killed on fed taxes this year, if so.