Form 8960 Line 9B Calculation - The formula for line 9b is: Line 9b on form 8960 calculates the amount of state, local, and foreign income tax attributable to net investment income (nii). (total investment income) divided by (total adjusted gross income) multiplied by (state, local and. The total of the state, local, and foreign income taxes that you paid for the current tax year is entered on line 9b of form 8960. Form 8960, line 9b = total state 20xx tax payments * federal nii (form 8960 line 8) / federal agi (form 1040 line 38) the irs states. $125,000 (married filing separately) $200,000 (single or head of household) see the 8960 instructions for more information. Click start/revisit in the federal > deductions & credits > estimates and other taxes paid > income taxes paid section.
$125,000 (married filing separately) $200,000 (single or head of household) see the 8960 instructions for more information. The total of the state, local, and foreign income taxes that you paid for the current tax year is entered on line 9b of form 8960. Line 9b on form 8960 calculates the amount of state, local, and foreign income tax attributable to net investment income (nii). Form 8960, line 9b = total state 20xx tax payments * federal nii (form 8960 line 8) / federal agi (form 1040 line 38) the irs states. (total investment income) divided by (total adjusted gross income) multiplied by (state, local and. The formula for line 9b is: Click start/revisit in the federal > deductions & credits > estimates and other taxes paid > income taxes paid section.