Assertion: investment income tax | /r/HasProperty | niit
Facets:
Source sentences:
text: What is the Net Investment Income Tax (NIIT)?
text: A 3.8 percent Net Investment Income Tax (NIIT) applies to individuals, estates, and trusts that have net investment income above applicable threshold amounts.
text: The tax explained The net investment income tax (NIIT) is a 3.8-percent tax on the smaller of your net investment income or modified adjusted gross income.