The net investment income tax (NIIT) is a 3.8 percent tax on net investment income for individuals exceeding certain income ...
When they file their returns this year, high-income taxpayers should be prepared for an additional hit. The net investment ...
A person's net investment income can play an important role in determining tax liabilities in a given year. In addition to paying taxes on profits from individual investment categories ...
Tax-loss harvesting is when you sell investments at a loss to lower your taxable income. It can be an effective strategy if ...
The excess profit above $250,000 or $500,000 could also trigger so-called net investment income tax of 3.8%, depending on other investment earnings, according to the IRS. Many home sellers don't ...
Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund offers a high dividend yield of 9.2% and monthly distributions.
To minimize taxes and maximize benefits, learn the difference between deductions, credits and other forms of tax relief by reading through your tax return. Although we must pay tax, we are ...
XAI Octagon Floating Rate & Alternative Income Trust (the "Trust”) has declared its regular monthly distribution of $0.077 ...
If your investments made money, you might owe something called the net investment income tax (NIIT) on your profits. Although many investors are not likely to get hit with this bill, it’s ...
The net investment income tax (NIIT) has been around for more than a decade, but it’s not as well known as other federal levies on investment earnings. This leaves some taxpayers unaware of its ...