8960 Net Investment Income Tax— Individuals, Estates, and Tru

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TREASURY/IRS AND OMB USE ONLY DRAFT
Form

8960

Department of the Treasury
Internal Revenue Service

Net Investment Income Tax—
Individuals, Estates, and Trusts

OMB No. 1545-2227

2025

Attach to your tax return.
Go to www.irs.gov/Form8960 for instructions and the latest information.

Attachment
Sequence No. 72
Your social security number or EIN

Name(s) shown on your tax return

Investment Income

Section 6013(g) election (see instructions)
Section 6013(h) election (see instructions)
Regulations section 1.1411-10(g) election (see instructions)
1
Taxable interest (see instructions) . . . . . . . . . . . . . . . . . . . .
2
Ordinary dividends (see instructions) . . . . . . . . . . . . . . . . . . .
3
Annuities (see instructions) . . . . . . . . . . . . . . . . . . . . . .
4a Rental real estate, royalties, partnerships, S corporations, trusts, trades or
businesses, etc. (see instructions) . . . . . . . . . . . . . . .
4a
b Adjustment for net income or loss derived in the ordinary course of a nonsection 1411 trade or business (see instructions) . . . . . . . . . .
4b
c Combine lines 4a and 4b . . . . . . . . . . . . . . . . . . . . . . .
5a Net gain or loss from disposition of property (see instructions) . . . . .
5a
b Net gain or loss from disposition of property that is not subject to net
investment income tax (see instructions)
. . . . . . . . . . . .
5b
c Adjustment from disposition of partnership interest or S corporation stock (see
instructions) . . . . . . . . . . . . . . . . . . . . . .
5c
d Combine lines 5a through 5c . . . . . . . . . . . . . . . . . . . . .
6
Adjustments to investment income for certain CFCs and PFICs (see instructions) . . . .
7
Other modifications to investment income (see instructions) . . . . . . . . . . .
8
Total investment income. Combine lines 1, 2, 3, 4c, 5d, 6, and 7 . . . . . . . . . .

Part II
9a
b
c
d
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12

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1
2
3

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4c

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5d
6
7
8

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9d
10
11

Investment Expenses Allocable to Investment Income and Modifications

Investment interest expenses (see instructions) . . .
State, local, and foreign income tax (see instructions) .
Miscellaneous investment expenses (see instructions) .
Add lines 9a, 9b, and 9c . . . . . . . . . . .
Additional modifications (see instructions) . . . . .
Total deductions and modifications. Add lines 9d and 10

Part III

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9a
9b
9c
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Tax Computation

Net investment income. Subtract Part II, line 11, from Part I, line 8. Individuals, complete lines 13–17.
Estates and trusts, complete lines 18a–21. If zero or less, enter -0- . . . . . . . . . . . .

12

Individuals:
13
14
15
16
17

Modified adjusted gross income (see instructions) . . . . . .
Threshold based on filing status (see instructions) . . . . . .
Subtract line 14 from line 13. If zero or less, enter -0- . . . . .
Enter the smaller of line 12 or line 15 . . . . . . . . . . .
Net investment income tax for individuals. Multiply line 16 by 3.8%
on your tax return (see instructions) . . . . . . . . . . .

. . .
13
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14
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15
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(0.038). Enter here and include
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16
17

Estates and Trusts:
18a Net investment income (line 12 above) . . . . . . . . . . . . .
18a
b Deductions for distributions of net investment income and charitable
deductions (see instructions) . . . . . . . . . . . . . . . .
18b
c Undistributed net investment income. Subtract line 18b from line 18a (see
instructions). If zero or less, enter -0- . . . . . . . . . . . . .
18c
19a Adjusted gross income (see instructions) . . . . . . . . . . . .
19a
b Highest tax bracket for estates and trusts for the year (see instructions) . .
19b
c Subtract line 19b from line 19a. If zero or less, enter -0- . . . . . . .
19c
20
Enter the smaller of line 18c or line 19c . . . . . . . . . . . . . . . . . . . . .
21
Net investment income tax for estates and trusts. Multiply line 20 by 3.8% (0.038). Enter here and
include on your tax return (see instructions) . . . . . . . . . . . . . . . . . . .
For Paperwork Reduction Act Notice, see your tax return instructions.

Cat. No. 59474M

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Form 8960 (2025) Created 8/19/25

DRAFT — DO NOT FILE

DRAFT — DO NOT FILE

Part I