Investors & landlords

The dividend income that is reported on Line 6a of your K-1 is most likely subject to the NIIT. For that purpose, it is largely irrelevant that you materially participate in the business of the multi-member LLC (except income received in the ordinary course of the LLC's business is obviously not subject to the NIIT).

 

Also, Form 8960 is only filed by individual taxpayers and estates/trusts.