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Posted On: 05/31/2018 2:38:09 PM
Post# of 82677
Re: riskreward007 #28449
riskreward007 .... Awesome find ! Here is the information on the 3.8 % investment income tax.............
Net investment income tax
The 3.8% Net Investment Income Tax (NIIT) remains in effect. The tax is 3.8%
of the lesser of: (1) net investment income and (2) the excess of Modified
Adjusted Gross Income (MAGI) over the threshold amount. The NIIT will be
assessed on taxpayers with MAGI exceeding the following threshold amounts:
– $250,000 for taxpayers who are married filing jointly and surviving spouses;
– $125,000 for taxpayers who are married filing separately; and
– $200,000 for all other taxpayers
Net investment income tax
The 3.8% Net Investment Income Tax (NIIT) remains in effect. The tax is 3.8%
of the lesser of: (1) net investment income and (2) the excess of Modified
Adjusted Gross Income (MAGI) over the threshold amount. The NIIT will be
assessed on taxpayers with MAGI exceeding the following threshold amounts:
– $250,000 for taxpayers who are married filing jointly and surviving spouses;
– $125,000 for taxpayers who are married filing separately; and
– $200,000 for all other taxpayers
(2)
(0)
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Never argue with stupid people, they will drag you down to their level and then beat you with experience.
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My comments are only my opinion and are not to be used for investment advice.
Please conduct your own due diligence before choosing to buy or sell any stock.
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