Section 14. Fiduciary Income Tax Returns›3.24.14 Fiduciary Income Tax Returns
Section 28 Form 8960 (Program 11900, 11901 and 11902)
Internal Revenue Manual Part 3. Submission Processing · 2026-10-03 edition · updated 2026-10-04 · United States
Elem. No.
Form 8960 Section 28 Data Element Name
Prompt
Fld. Term.
Instructions
(1)
Section Number
SECT:
Section "28" will always be generated. No entry is required.
(2)
Investment Income
CKBX
Enter the following:
Enter "0" if No boxes are checked.
Enter "1" if Section 6013(g) election box is checked.
Enter "2" if Section 6013(h) election box is checked.
"3" if Reg. section 1.1411-10(g) box is checked.
"4" if more than one box is checked.
(3)
Taxable Interest
LN1 $
Enter the amount from Part I, line 1.
(4)
Ordinary Dividends
LN2 $
Enter the amount from Part I, line 2.
(5)
Annuities
LN3 $
Enter the amount from Part I, line 3.
(6)
Rental Real Estate, Royalties, Partnerships, S-Corp, Trusts, Etc.
L4A $
Enter the amount from Part I, line 4a.
(7)
Adjustments for Net Income or Loss
L4B $
Enter the amount from Part I, line 4b.
(8)
Net Gains from Disposition
L5A $
Enter the amount from Part I, line 5a.
(9)
Net Gain or Loss
L5B $
Enter the amount from Part I, line 5b.
(10)
Adjustment from Disposition of Partnership Interest/ S-Corp Stock
L5C $
Enter the amount from Part I, line 5c.
(11)
Changes to Investment Income
LN6 $
Enter the amount from Part I, line 6.
(12)
Other Modifications to Investment Income
LN7 $
Enter the amount from Part I, line 7.
(13)
Total Investment Income
LN8 $
Enter the amount from Part I, line 8.
(14)
Investment Interest Expenses
L9A $
Enter the amount from Part II, line 9a.
(15)
State Income Tax
L9B $
Enter the amount from Part II, line 9b.
(16)
Miscellaneous Investment Expenses
L9C $
Enter the amount from Part II, line 9c.
(17)
Additional Modifications
L10 $
Enter the amount from Part II, line 10.
(18)
Total Deductions and Modifications
L11 $
Enter the amount from Part II, line 11.
(19)
Deductions for Distributions of Net Investment Income
L18B $
Enter the amount from Part III, line 18b.
(20)
Adjusted Gross Income Tax
L19A $
Enter the amount from Part III, line 19a.
(21)
Enter Smaller of Line 18c or Line 19c
L20 $
Enter the amount from Part III, line 20.
(22)
Net Investment Income Tax
L21 $
Enter the amount from Part III, line 21.
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