How to Complete IRS Form 8960 - Net Investment Income Tax of 3.8%

Certain U.S. taxpayers are required to pay an additional 3.8% on their net investment income.

Form 8960 is required with the additional 3.8% in tax if your modified AGI exceeds certain thresholds for the tax year.

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DISCLAIMER: I am a licensed attorney and certified public accountant (CPA) in the State of Florida. I am not a financial advisor. The information provided in this video is for entertainment purposes only. No such communication is provided in the course of an attorney-client relationship, and no communication is intended to constitute legal advice. You should speak with your own tax and legal professionals to discuss your circumstances before performing any of the tax, legal or accounting strategies demonstrated in this video. Thank you.