Skip to main content

Net Investment Tax

Net Investment Income Tax: How It Works Net Investment Income Tax Taxes

Net Investment Income Tax: How It Works

First enacted in 2013 to raise revenue for the Affordable Care Act, the Net Investment Income Tax (NIIT) introduced a 3.8% tax on net income from certain investments. This tax affects estates, trusts, and individuals with Modified Adjusted Gross Income (MAGI) over a certain threshold. Meaning that if you have yearly net income from rental, […]

Read More about Net Investment Income Tax: How It Works

3 minute read