The investment income tax is a surtax of 3.8% in addition to the regular income tax that certain high income taxpayers would otherwise owe on the income in question. Does the new tax law for 2018 maintain the 3.8% NET INVESTMENT TAX on AGI over $250,000 ? The 3.8% net investment income tax remains in place, View solution in original post The Affordable Care Act also created a Net Investment Income Tax, which imposes an additional 3.8 percent tax on the long-term capital gains of single filers who have a modified adjusted gross income (MAGI) of higher than $200,000, and married filers with a MAGI of more than $250,000. Both forms of income are subject to the tax on net investment income, but the tax rate on the capital gain and qualified dividends to the beneficiary will likely be no more than 15% (or 18.8%, if the single beneficiary's income exceeds $200,000), and could be as low as 0%.

The new 3.8% Medicare tax on net investment income took effect on January 1. It only affects higher-income individuals, but that can include anyone who has a big one-time shot of investment income

27 Apr 2018 In addition, higher-income individuals with long-term capital gains and dividends were also hit with the 3.8% net investment income tax (NIIT). So,  8 Jul 2013 Updates on Net Investment Income Tax (NIIT)-a buy-product of Obamacare. The NIIT is a tax of 3.8% that is applied to income which is generated by a income tax bracket scale by which the IRS determines tax rates and  9 May 2013 The tax is only assessed on the net investment income that exceeds even with this 3.8% tax your earnings are not taxed at a 100% rate,  10 Dec 2012 for other income tax purposes) over the dollar amount of the highest tax bracket for a trust or estate for the applicable taxable year (e.g., $11,650 

12 Feb 2020 A 3.8 percent Net Investment Income Tax (NIIT) applies to individuals, gross income over the dollar amount at which the highest tax bracket 

10 Dec 2012 for other income tax purposes) over the dollar amount of the highest tax bracket for a trust or estate for the applicable taxable year (e.g., $11,650 

5 Jan 2014 With the higher income tax rates and the 3.8% surtax in 2013 and beyond, taxpayers should review their trust tax situation and make 

10 Dec 2012 for other income tax purposes) over the dollar amount of the highest tax bracket for a trust or estate for the applicable taxable year (e.g., $11,650  24 Sep 2013 3.8% tax applies to the lower of (1) a taxpayer's net investment income or. (2) the amount that the taxpayer's modified adjusted gross income  14 Apr 2016 Most high-income taxpayers pay a 3.8 percent tax on income above a The threshold amount is the same $200,000/$250,000 as for the 

17 Dec 2019 The NIIT is set at 3.8%, and that rate is relevant for both the 2018 and 2019 tax seasons. To give some background, the net investment income tax 

12 Jan 2020 Long-term capital gains get the lower tax rates of the two types. taxpayers are required to pay an additional 3.8% net investment income tax. The net investment income tax (NIIT) is a 3.8-percent tax on the smaller of your net if your modified adjusted gross income, or MAGI, is over a certain amount. 10 Apr 2014 The 3.8% rate is applied to the lesser of either your net investment income or the amount by which your modified adjusted gross income exceeds  15 Feb 2019 Under the tax overhaul, a popular zero rate on long-term capital gains There is also a 3.8% surtax on net investment income for filers with  In the United States of America, individuals and corporations pay U.S. federal income tax on the net total of all their capital gains. The tax rate depends on both the investor's tax bracket and the amount of time the investment was held. Short- term capital gains are taxed at the investor's ordinary income tax rate filing separately) pay an additional 3.8% tax on all investment income. As an investor, you may owe an additional 3.8% tax called net investment income tax (NIIT). But you'll only owe it if you have investment income and your 

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