I'm having trouble with the passive income deduction add-back to calculate MAGI for the purposes of NIIT exposure. I'm retired, over 65. My income consists primarily of pension and SS, to a lesser extent some IRA distributions, and to a much lesser extent interest and dividends. A) Are any of these considered 'passive income' for income tax purposes? B) If so, when/why would they ever be an AGI deduction that would have to be added back to get to MAGI? I'm sure I'm missing something basic or obvious but despite lots of searching can't find anything conclusive.
