Deductions & Credits

Form 8960: Net Investment Income Tax — Individuals, Estates, and Trusts

Used to calculate the 3.8% Net Investment Income Tax (NIIT) on the lesser of net investment income or the excess of MAGI over threshold amounts.

Download Form 8960 PDFAbout on IRS.govInstructions PDF

Who Files This Form?

Individuals with MAGI over $200,000 (single) or $250,000 (married filing jointly) who have net investment income.

Key Fields

  • Taxable interest
  • Annuities
  • Rental/royalty income
  • Capital gains
  • Net investment income
  • MAGI threshold
  • NIIT amount

Filing Deadlines

Due Date

April 15

With Extension

October 15

Late Filing Penalty

Filed with Form 1040; subject to the same failure-to-file and failure-to-pay penalties. NIIT is also subject to estimated tax requirements.

Related Forms

Form 1040

U.S. Individual Income Tax Return

Schedule 2

Additional Taxes

Schedule D

Capital Gains and Losses

TaxScout.ai extracts Form 8960 automatically

AI-powered extraction with 5-layer validation. No manual data entry.