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Get your taxes done using TurboTax
Let me make a correction, the amount is $339 and it appears on Line 12 as "net investment income tax". It's coming from line 17 on form 8960. This is tax owed on profit made in 2024. I thought because I carryover a very large loss from previous years, this amount would zero out and not get added as other tax on line 12. It appears it is a mistake in the system as it should have zero'd out.
May 26, 2025
2:43 PM