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Deductions & credits
But TurboTax is subtracting the $5K salary repayment from my total investment income to arrive at the net investment income that the 3.8% tax is calculated on. So on Form 8960, my total investment income is on line 8, then on line 10 TurboTax is subtracting the $5K salary repayment, then line 12 is the Net investment income. Why would the salary repayment reduce my investment income?
March 19, 2024
8:47 AM