bow1point1
Returning Member

Deductions & credits

Are you suggesting to temporarily remove form 8960, or remove it so no NIIT is calculated? Because that form must be included when I file due to some investment income tax being due, just not the portion associated with my rental real estate sale since I am a real estate professional. Afraid to delete the form and have the software not add it back in if it's necessary. 

 

If I could edit the form myself I would allocate on line 5b form 8960 the portion of the rental real estate that is not subject to NIIT, but obviously TurboTax does not allow that and everything must go through their question format.