Lacerte Tax Idea Exchange
Submitted by HW45 on 05-15-2023 02:29 PMThe NIIT calculation is including rental income from a self-rental as taxable income.
Return had two self-rental properties. One had a profit in both the base and projection years. This one was excluded from the NIIT. The other had a loss in the base year and a profit in the projection year. The projection year profit was incorrectly included in the NIIT.
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