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Get your taxes done using TurboTax
I'm filing married jointly. AGI is 270+k. NIIT i believe starts at 250 for married filing jointly. Wow I didn't know I would get hit with it bc I thought it had to do with inherited income, but from what I am reading it is anyone filing jointly with a AGI over 250k (even if none of it came from a inheritance) All investment incomes, for example interest from a CDs, get hit with a addtional 3.8 tax.
Am I reading this right?
Thanks again.
‎April 2, 2025
3:43 PM