The net investment income tax (NIIT) is an additional 3.8% tax that kicks in if you have investment income and your MAGI exceeds $200,000 for single filers, $250,000 for those married filing ...

Created as part of the Health Care and Education Reconciliation Act to fund healthcare reform in 2010, the net investment income tax (NIIT) is a 3.8% surtax that typically applies only to high ...

Net investment income tax example . Note: Keep in mind this is a simple example. Real-world scenarios can typically be more ...

The net investment income tax adds an extra 3.8 percent tax on investment income for high earners, but with the right strategies, you can reduce or eliminate it.

The 3.8% net investment income (NII) tax is broader than most taxpayers think. It applies to single filers with modified adjusted gross incomes over $200,000, joint filers with modified adjusted ...

The Net Investment Income Tax is separate from the Additional Medicare Tax, which also went into effect on Jan. 1, 2013. You may be subject to both taxes, but not on the same type of income.

Use our federal income tax calculator to estimate your liability for tax year 2024. Input your income, ... Capital gains — the net earnings from the sale of an investment, ...

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.

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 ...

The net investment income tax (NIIT) is a 3.8 percent tax on net investment income for individuals exceeding certain income thresholds. Only individuals with modified adjusted gross income (MAGI) ...

Net investment income tax example . Note: Keep in mind this is a simple example. Real-world scenarios can typically be more complex. Example. A single filer has $175k in wages and $80k in ...