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If you don’t know what Net Investment Income Tax (NIIT) is, you’re not alone. This relatively new tax began a little over a ...
If your investments made money, you might owe something called the net investment income tax (NIIT) on your profits. Although ...
Net Investment Income Tax (NIIT) came about as part of the passage of ACA during the Obama administration. It has been in effect for almost 10 years. The 3.8% tax rate is applied based upon the ...