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New Member
posted Jun 6, 2019 8:38:39 AM

What is a 8690 form

What is 8960 form

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Intuit Alumni
Jun 6, 2019 8:38:40 AM

Form 8960 (Net Investment Income Tax – Individuals, Estates, and Trusts) used for the 3.8% surtax on investment income for the Affordable Care Act. It's a relatively new form that first appeared in tax year 2013.

If you have income from investments and your modified adjusted gross income (MAGI) exceeds $200,000 for individuals, $250,000 for spouses filing jointly, and $125,000 for spouses filing separately, we'll include Form 8960 with your return.