riskreward007 .... Awesome find ! Here is the inf
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(Total Views: 289)
Posted On: 05/31/2018 2:38:09 PM
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)
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