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Tax planner - NIIT calculation

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Tax planner - NIIT calculation

HW45

The NIIT calculation is including rental income from a self-rental as taxable income.

Return had two self-rental properties.  One had a profit in both the base and projection years.  This one was excluded from the NIIT.  The other had a loss in the base year and a profit in the projection year.  The projection year profit was incorrectly included in the NIIT.

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