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Tips on how to fill out, edit and sign Form 8960 online
How to fill out and sign Form 8960 online?
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The NIIT applies to income from a trade or business that is (1) a passive activity, as determined under § 469, of the taxpayer; or (2) trading in financial instruments or commodities, as determined under § 475(e)(2). The NIIT does not apply to wages, unemployment compensation, or income from a nonpassive business.
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