Assertion: income tax | /r/HasProperty | niit
Facets:
Source sentences:
text: If you're required to file Form 8615, you may be subject to the Net Investment Income Tax (NIIT).
text: In economics, a negative income tax (NIT) is a system within an income tax where people earning below a certain amount receive supplemental pay from the government instead of paying taxes to the government.
text: In addition, those capital gains may be subject to the net investment income tax (NIIT), an additional levy of 3.8 percent if the taxpayer’s income is above certain 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.
text: Higher-income folks are exposed to the 3.8% net investment income tax (NIIT), which can hit LTCGs and dividends.