Form 8760 Line 5b

The only way i am aware that you can enter information for line 5b of Form 8960 is to enter on the Form 8960 Worksheet in TurboTax Desktop.  To do so, while in your TurboTax Desktop return:

• Go to Forms Mode by clicking the Forms icon in the upper right of your screen
• On the left, just above Forms in My Return, click on "Open Return"
• Type in Form 8960
• Click to open the form
• At the top of the form, click on "QuickZoom to Form 8960 Worksheet"

It is unusual to need to make adjustments to on line 5b, as the program calculates adjustments for gain or loss amounts that should not be included in Net Investment Income from the following activities:

* Schedule C 
* Schedule E Worksheet
* Schedule F 
* Form 4835
* Schedule K-1 (Form 1065)
* Schedule K-1 (Form 1120-S)
* Schedule K-1 Worksheet - Estates and Trusts
* Form 2106 asset sales
* Form 4797, page 1
* Form 4797, page 2