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- Anyone have trouble with Tax Plan calculating NIT correctly?
Anyone have trouble with Tax Plan calculating NIT correctly?
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cakeen
Level 3
12-05-2023
03:53 PM
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2023 tax plan is calculating NIT very high compared to 2022.
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Terry53029
Level 14
12-06-2023
10:16 AM
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Should be same as last year. the 3.8% net investment income tax applies to capital gains, interest, dividends, rents and more once your so-called modified adjusted gross income, or MAGI, exceeds certain thresholds, and I don't believe the thresholds are indexed for inflation.
