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Effective Jan. 1, 2013, individual taxpayers are liable for a 3.8 percent Net Investment Income Tax on the lesser of their net investment income, or the amount by which their modified adjusted gross income exceeds the statutory threshold amount based on their filing status.
What is net investment income tax? The net investment income tax is a 3.8% tax you must pay if your modified adjusted gross income exceeds a certain threshold.
The net investment income tax applies to taxpayers who have a significant amount of investment income, typically high-net-worth families and individuals with considerable assets. Net...
Section 1411 of the IRS Code imposes the Net Investment Income Tax (NIIT). Find answers to questions about how the code may affect your taxes.
The net investment income tax (NIIT) is a 3.8% tax that kicks in if you have investment income and your income exceeds $200,000 for single filers, $250,000 for those married filing jointly or...
What's net investment income—and how is it taxed? As an investor, you may owe an additional 3.8% tax called net investment income tax (NIIT). But you'll only owe it if you have investment income and your modified adjusted gross income (MAGI) goes over a certain amount. What counts as net investment income?
A 3.8 percent net investment income tax (NIIT) applies to individuals, estates, and trusts that have net investment income above applicable threshold amounts.
What is the net investment income tax? NIIT is a tax on net investment income. Those who are subject to the tax will pay 3.8 percent on the lesser of the following: their net investment income...
Net investment income (NII), for tax purposes, is the total amount of money received from assets such as stocks, bonds, and mutual funds, minus related expenses.
Taxes on investments depend on the investment type. See current tax rates for capital gains, dividends, mutual funds, 401(k)s and real estate investments.