Αποτελέσματα Αναζήτησης
Use Form 8960 to figure the amount of your Net Investment Income Tax (NIIT). Definitions. Controlled foreign corporation (CFC). Generally, a CFC is any foreign corporation if more than 50% of its voting power or stock value is owned or considered owned by U.S. shareholders (as defined in section 951 (b)) on any day during the tax year.
The latest versions of IRS forms, instructions, and publications. If a PDF file won't open, try downloading the file to your device and opening it using Adobe Acrobat. View more information about Using IRS Forms, Instructions, Publications and Other Item Files.
2021 Form 8960. For Paperwork Reduction Act Notice, see your tax return instructions.
You can get the general instructions from General Instructions for Certain Information Returns at IRS.gov/1099GeneralInstructions or go to IRS.gov/Form1099MISC or IRS.gov/Form1099NEC. Continuous-use form and instructions. Form 1099-MISC, Form 1099-NEC, and these instructions are continuous use.
your tax return. This income is also subject to a substantial additional tax to be reported on Form 1040, 1040-SR, or 1040-NR. See the instructions for your tax return. Boxes 16–18. Show state or local income tax withheld from the payments.
About Form 1099-MISC, Miscellaneous Information. File Form 1099-MISC for each person to whom you have paid during the year: At least $10 in royalties or broker payments in lieu of dividends or tax-exempt interest. At least $600 in: Rents. Prizes and awards.
The IRS finally released its eagerly awaited final instructions for Form 8960, Net Investment Income Tax—Individuals, Estates, and Trusts, on Thursday. The instructions, which are 20 pages (for a one-page form), were released in draft form in the beginning of January.
