Colmatt
Level 5
03-20-2024
08:41 AM
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I do see that it is an adjustment for section 1411 net investment income. In this case the taxpayer does not go above the NIIT threshold of $125,000 so it seems this amount doesn't affect this return this year. Let me know if I'm thinking correctly.
Let me say, I am always so appreciative of your posts. Although I am very old, I am still not too old to learn from your expertise.