Hosted on MSN28d
What is the net investment income tax and who has to pay it?If your investments made money, you might owe something called the net investment income tax (NIIT) on your profits. Although many investors are not likely to get hit with this bill, it’s ...
A person's net investment income can play an important role in determining tax liabilities in a given year. In addition to paying taxes on profits from individual investment categories ...
Hosted on MSN28d
What is Net Investment Income Tax (NIIT) and Who Pays It?If you don’t know what Net Investment Income Tax (NIIT) is, you’re not alone. This relatively new tax began a little over a decade ago but the number of taxpayers subject to the tax has increased.
The net investment income tax (NIIT) adds a 3.8% tax on capital gains and investment income. NIIT thresholds have remained fixed since 2013, so more taxpayers are feeling its impact. Large capital ...
Capital gains taxes aren't the only ones investors have to worry about, though. The net investment income tax (NIIT) is a separate tax, but it can have an impact on the tax you pay on capital ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results