@Mike9241 wrote:
by doing the override, the line 1 income on the k-1 would transfer to form 8960 which may result in you paying a 3.8% net investment income tax on it. I believe this would be wrong under IRC 1411 - the NIIT code section
An override would have to be effected on Form 8960 as well, assuming the taxpayer is subject to the NIIT.
