Net Investment Income Tax on Tile Sold in a Land Sale

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  • CalR
    Junior Member
    • Oct 2013
    • 2
    #1

    Net Investment Income Tax on Tile Sold in a Land Sale

    In a farm land sale is the 1245 gain on the tile subject to Net Investment income Tax (Form 8960)?
    Tags: None
    • TaxmannEA
      Member
      • Apr 2007
      • 76
      #2
      Why would you have Sec 1245 gain on a land improvement?

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