Latest Breaking News On - Manage net investment income - Page 1 : comparemela.com
【zodiac casino banking】-top bet twitter ov25 fixed matches
elwakt.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from elwakt.com Daily Mail and Mail on Sunday newspapers.
【bondibet no deposit bonus】-top bet twitter ov25 fixed matches
elwakt.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from elwakt.com Daily Mail and Mail on Sunday newspapers.
KXLY
March 10, 2021 7:14 AM Rebecca Baldridge - Forbes Advisor
Posted:
Updated:
March 12, 2021 4:10 AM
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 earners with considerable investment income.
Who Pays the Net Investment Income Tax?
The net investment income tax applies to taxpayers who have a significant amount of investment income, typically high-net-worth families and individuals with considerable assets.
Net investment income is money you earn from your investments. It might include dividends, interest payments and capital gains you realize when you sell a security, like a stock, for more than you originally paid for it. In addition, royalty payments, some types of annuity payments and rental income from real estate investments are also considered investment income.