Form 8960 Line 9B - 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. How is the state, local, and foreign income tax calculated on line 9b of the form 8960, pg. 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. 1, part ii of a 1040 return in atx™?
1, part ii of a 1040 return in atx™? 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. How is the state, local, and foreign income tax calculated on line 9b of the form 8960, pg.