https://ttlc.intuit.com/community/taxes/discussion/form8960-error/01/3854454#M1433196 <P>Triggered a form 8960 this year on my return.&nbsp; Based on <A href="https://www.irs.gov/instructions/i8960" target="_blank">https://www.irs.gov/instructions/i8960</A></P><P>Wages should be excluded from the calculation math of MAGI (line 13), but the software (at least the desktop version) appears to retain it.</P> Wed, 25 Mar 2026 19:05:49 GMT Bturner04567 2026-03-25T19:05:49Z https://ttlc.intuit.com/community/taxes/discussion/form8960-error/01/3854454#M1433196 <P>Triggered a form 8960 this year on my return.&nbsp; Based on <A href="https://www.irs.gov/instructions/i8960" target="_blank">https://www.irs.gov/instructions/i8960</A></P><P>Wages should be excluded from the calculation math of MAGI (line 13), but the software (at least the desktop version) appears to retain it.</P> Wed, 25 Mar 2026 19:05:49 GMT https://ttlc.intuit.com/community/taxes/discussion/form8960-error/01/3854454#M1433196 Bturner04567 2026-03-25T19:05:49Z https://ttlc.intuit.com/community/taxes/discussion/re-form8960-error/01/3854737#M1433291 <P>*Correction:&nbsp; The software seems to conform to the letter of the instructions.&nbsp; That said, the instructions are kind of poorly constructed.&nbsp; Hypothetically, a single filer with $150K in wages and $50K in investment income wouldn't pay any additional tax.&nbsp; Meanwhile a person with $160K in wages and $50K in investment income does pay 3.8% on the $10K over 200K...which means two people with identical investment income have very different tax outcomes for what they pay on the investment income...because of their wages...</P> Wed, 25 Mar 2026 21:21:43 GMT https://ttlc.intuit.com/community/taxes/discussion/re-form8960-error/01/3854737#M1433291 Bturner04567 2026-03-25T21:21:43Z