Investing
NIIT
Net Investment Income Tax
A 3.8% surtax on investment income for taxpayers with MAGI above $200,000 single or $250,000 married filing jointly. Applies to interest, dividends, capital gains, and rental income.
Related terms
Net Investment Income Tax
A 3.8% surtax on investment income for taxpayers with MAGI above $200,000 single or $250,000 married filing jointly. Applies to interest, dividends, capital gains, and rental income.