Exclude gain from sale of K-1 from net investment income tax

To exclude the sale of a K-1 from net investment income tax (NIIT), enter the amount of gain you want to exclude as a negative amount in the
Adj for Sale of ptnr/S corp
field on the
ACA
,
Gains/Losses
,
Other
tab.
note
Enter the sale of the K-1 on the
Income
,
Cap G/L
, or
Form 4797
tab.