Description
The Net Investment Income Tax (NIIT) is a 3.8% tax on certain investment income that applies to higher-income individuals whose earnings exceed specific income thresholds.
Net Investment Income Tax
$10.00
General information: The NIIT is a 3.8% tax on some of your investment income. It applies if your income is above certain levels. It’s an extra tax for higher-income people who also have significant investment earnings.
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