The net investment income tax is a 3.8% tax you must pay if your modified adjusted gross income (MAGI) exceeds a certain threshold. (More on that later). Taxpayers meeting that income threshold ...

The net investment ... Security benefits, tax-exempt interest or qualified retirement plan distributions. Taxpayers subject to the NIIT have modified adjusted gross income (MAGI) that exceeds ...

is a 3.8 percent tax on net investment income for individuals exceeding certain income thresholds. Only individuals with modified adjusted gross income (MAGI) above $200,000 (single) or $250,000 ...

Your adjusted gross income, or AGI, is your total income minus specific deductions. AGI determines your eligibility for tax credits ... realized investment gains, sales of capital assets ...

Remember, AGI is income after expenses. Most farms now have a fair number of farm equipment trades, and they usually show net gains on Form ... ago as a result of the Tax Cuts and Jobs Act and ...

Knowing your MAGI can help you figure out if you're eligible for certain tax deductions this filing season. Plus, learn how it differs from adjusted gross income. Many, or all, of the products ...

Next, you can lower your AGI ... business income. That results in a lower net profit, which puts you in a lower tax bracket. Capital gains — the net earnings from the sale of an investment ...