turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Putapues
New Member

So I try to do my taxes its saying I need a form 8960 I never invested on anything so I'm not sure why its asking for tha

 
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
AnnetteB6
Employee Tax Expert

So I try to do my taxes its saying I need a form 8960 I never invested on anything so I'm not sure why its asking for tha

Form 8960 works by going through the calculation if your modified AGI triggers that it might be applicable.  It can be triggered by income such as interest, dividends, income from rental properties, royalties, and income from trading stocks.  If TurboTax is advising you to wait for the form to be available before you can file your return, then there is a valid reason that is triggering it.  

 

The good news is that when the form becomes available and you are able to file your return, you will not incur a delay in processing since the IRS will not start processing returns until February 12, 2021.

 

To read more about Form 8960, take a look at the following TurboTax article.

 

What is Form 8960: Net Investment Income Tax

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies