Tag: investment taxes

Outwitting The NIIT: 12 Ways To Avoid The New Net Investment Income Tax

Outwitting The NIIT: 12 Ways To Avoid The New Net Investment Income Tax

| June 26, 2014

For some high-income taxpayers writing a check to Uncle Sam was particularly painful this past tax season, and not for the most obvious reason–the 2013 increase in the top income tax rates. Instead these folks were bitten by the new Net Investment Income Tax (NIIT), a maddeningly complicated extra 3.8% levy on certain investment income. […]

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