- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Why is interest income taxed twice? First it's added to taxable income (line 2b) and secondly, tax is calculated on Form 8960 ('Net investment income tax') and added in
My interest income was added to taxable income, but also had tax calculated separately on Form 8960 that was added to the total tax. This looks like the interest income gets taxed twice.
Topics:
‎June 4, 2019
5:18 PM