Why doesn't my foreign tax get included on form 8960?
I have foreign tax paid of $93. It shows on Schedule 3 and on line 20 of 1040, but the line for foreign tax on the worksheet for form 8690 Net Investment Income Tax is blank. Why didn't it carry through?
01388
1 Replies
DaveF1006
Expert Alumni
Apr 11, 2025 6:17:03 AM
Foreign Taxes don't play a role in reducing NIIT unless you itemize deductions, which is what section 9 in the 8960 worksheet addresses. Look in the instructions for Form 8960 regarding Line 9 and 10 and it's applications.