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Investors & landlords
Long term capital gains result from the disposition of property since it comes from the sale of investments (property.) Form 8960 is the form on which the Net Investment Income Tax is calculated at 3.8% of net investment income.
The tax reported on form 8960 flows to line 12 on Schedule 2, and from there winds up on line 23 of your form 1040 (Other Taxes.)
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March 2, 2022
5:32 PM