Why am I being forced to wait for form 8960 to become available when I do not have any type of investment / retirement income? I cannot delete this form.

[macuser_22 · Accepted solution]

Form 8960 is not scheduled to release until Feb 7.

The reason might be because the IRS has not yet released the final instructions for the form.

The current IRS instructions for form 8960 state:

"Who Must File
Attach Form 8960 to your return if your
modified adjusted gross income (MAGI) is
greater than the applicable threshold
amount."

The MAGI for single is $125,000 and $250,000 for marred joint.

Useing that rule, anyone with that amount of income must include the 8960 even is the AGI is the ONLY entry on the form.  It makes no difference if there was investment income or not.

However, the IRS 2018 instructions for the form still refer to the 2017 version of the form so it is not clear what the actual 2018 instructions will say once the IRS releases them - waiting on the IRS to clarify.  In the mean time TurboTax can only follow the existing IRS rules which is to require the form.

https://www.irs.gov/pub/irs-pdf/i8960.pdf

[LBrowning]

I’ve seen this question and have the same. It seems it’s tied to your total income. Over a certain level TurboTax is requiring the form even when there is no investment income reported. No one from TurboTax has answered any of the queries on this topic