Turbo Tax Help makes reference in an AI answer to a "NUA Worksheet" for Net Unrealized Appreciation handling when NUA stocks are sold. How do I access this worksheet?

[kghoutx]

My problem is that Turbo Tax also tells me that NUA amounts are excluded from NIIT, but there is no way I have seen to flag a capital gain amount as NUA and therefore as excluded from NIIT.

[DaveF1006 · Accepted solution]

You’ll find this on the 8960 Worksheet, which is only available in TurboTax Desktop (CD/Download). TurboTax Online doesn’t provide access to this worksheet or its forms.

1. Switch to Forms Mode (icon in the top right).
2. In the left-hand pane, click Open Form.
3. Type "8960" and select Form 8960 Worksheet (not the 8960 form itself).
4. Scroll down to the section for Line 5b (Adjustments for Net Gain or Loss).
5. Look for the line labeled "Net gain or loss from disposition of property not subject to net investment tax."
6. Enter your NUA amount here as a negative number (-50,000)). This "washes out" the gain specifically for NIIT purposes without affecting your regular capital gains tax.

@kghoutx 

[kghoutx]

This was a valuable reply and helped me immensely. As it happened though, to make the numbers work correctly, I had to enter the amount as a positive number to make everything show correctly on form 8960. It was easy to figure out after Dave pointed the way. Thanks Again!