NEAR FINAL DRAFT 8/1/24

                                                                                                                                                                                                                                                                                                                                         *247611*
2024 Schedule NIIT, Net Investment Income Tax

Your First and Last Name                                                                                                                                                                                                                                 FEIN, SSN, or ITIN                                                            Minnesota Tax ID

Part 1 — Net Investment Income Calculation
  1                Enter the total investment income from your federal Form 8960, line 8.  . ..... ...... ...... ..... ...... ..     1                                                                                                                                                                                                                  
 
  2              Total net gain included in line 1 relating to dispositions of Class 2a property located in Minnesota ... ...... .     2                                                                                                                                                                                                                

  3                     Net interest and mutual fund dividends from U.S. bonds . ...... ...... ...... ..... ..... ...... ...... ....   3                                                                                                                                                                                                                

  42 andAdd   lines   3                                                                                        ... ...... ..... ....... ..... ...... ..... ..... ...... ...... ...... ..... ...... ..... ...                                                                                                                               4

 5 Total Minnesota Investment Income.                                                                                                          Subtract line 4 from line 1 .... ....... ..... ..... ....... .... ...... .                                                                                                                  5    

 6  Enter the total deductions and modifications from federalyour                      8960,Form        line 11                                                                                                                                                                            . . . . . . . . . . . . . . . . . . . . . . . .    6

 7Total                 deductions and modifications 6 relatingin line included to the Class 2a property reported line on 2                                                                                                                                                                                                    ... ...     7

 8                      Total Minnesota Deductions and Modifications.                                                                                                                                                                                    Subtract line 7 from line 6 .... ..... ...... ..... ....... ...                   8

 9 Minnesota Net Investment Income.                                                                                                      Subtract line 8 from line 5.... ...... ..... ....... ..... ...... ..... ...                                                                                                                       9

Part 2 — Individual Tax Computation
 10   Minnesota net investment income (from line 9 above)... ...... ..... ....... ..... ...... ..... ..... ..... 10                                                                                                                                                                                                                                      

 11   Subtract $1,000,000 from line 10. If the result is less than zero, enter zero and stop. ... ...... ..... ....... . 11   

 12   Multiply line 11 by one percent (0.01) .. ..... ...... ...... ..... ...... ...... ..... ...... ..... ...... .. 12                                                                                                                                                                                                                                   

 13   Portion of line 10 allocated to Minnesota. (see instructions) ... ...... ..... ....... ..... ...... ..... ..... 13   

 14   Divide line 13 by line 10. Carry to five decimal places ... ...... ..... ....... ..... ...... ..... ..... ...... 14   

 15  Minnesota Net Investment Income Tax.                                                                                                      Multiply         by12 line          Enter14. line      andhere                      of Form M1on line 14                                                                           . ..   15   

Part 3 — Estate and Trust Tax Computation
 16   Minnesota net investment income (from line 9 above)... ...... ..... ....... ..... ...... ..... ..... ..... 16   

 17   Portion of line 16 that is distributed to beneficiaries or charities. ..... ...... ...... ..... ...... ..... ..... 17                                                                                                                                                                                                                             

 18  Undistributed Minnesota Net Investment Income.                                                                                                                                                                                                      Subtract line 17 from line 16    ... ...... ..... ...... ....                   18             

 19  Subtract $1,000,000 from line 18. If the result is less than zero, enter zero and stop. ... ...... ..... ....... . 19                                                                                                                                                                                                                              

 20   Multiply line 19 by one percent (0.01) .. ..... ...... ...... ..... ...... ...... ..... ...... ..... ...... .. 20   

 21   Portion of line 18 allocated to Minnesota. (See instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21   

 22   Divide line 21 by line 18. Carry to five decimal places ... ...... ..... ....... ..... ...... ..... ..... ...... 22                                                                                                                                                                                                                               

 23  Minnesota Net Investment Income Tax.                                                                                                      Multiply         20 byline          22. Enterline      andhere                      of Form M212 on line                                                                           . ..   23             

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