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23 lut 2023 · The net investment income tax is a 3.8% surtax that is paid in addition to regular income taxes. But not everyone who makes income from their investments is impacted. It only applies to incomes...
The net investment income tax (NIIT) is a surtax on high amounts of investment income. Our guide covers its rates, thresholds and other rules.
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.
20 sie 2024 · A 3.8 percent net investment income tax (NIIT) applies to individuals, estates, and trusts that have net investment income above applicable threshold amounts.
2 gru 2013 · Taxpayer’s Net Investment Income is $90,000. The Net Investment Income Tax is based on the lesser of $70,000 (the amount that Taxpayer’s modified adjusted gross income exceeds the $200,000 threshold) or $90,000 (Taxpayer’s Net Investment Income). Taxpayer owes NIIT of $2,660 ($70,000 x 3.8%).
21 mar 2024 · Individuals, estates and trusts must pay a 3.8% net investment income tax (NIIT) when their NII goes over specific threshold amounts. For 2024, the NIIT is leveraged on the lesser of two amounts: your NII or the excess of your modified adjusted gross income (MAGI) over these three thresholds: $200,000 for single filers.
17 lis 2023 · You can use IRS Form 8960 to calculate your net investment income tax. You can also calculate it yourself by adding together all your investment income and subtracting any related fees and...
