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Home > Net Investment Income Tax

Net Investment Income Tax

August 10, 2018 by Chris Carroll

The 3.8% Net Investment Income Tax was not affected with the passage of the Tax Cut and Jobs Act last fall.

High income earners are assessed this tax on realized capital gains from the sale of financial assets, real estate (that is not a primary residence) and other investments. The tax was implemented as part of the Affordable Care Act.

This tax was NOT REPEALED as part of last year’s tax legislation. Please click hereSell your house in Truckee/Tahoe for more. 

Filed Under: Buying, Real Estate News, Selling, Uncategorized

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530.386.0845
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