Net investment income cannot possibly exceed MAGI. Net investment income is included in MAGI, along with other income.
Will your MAGI exceed the threshold amount for your filing status? If not, you will not have to pay Net Investment Income Tax.
Married filing jointly — $250,000
Married filing separately — $125,000
Single or head of household — $200,000
Qualifying Surviving Spouse — $250,000
If you do not claim the Foreign Earned Income Exclusion, and you do not own a CFC or PFIC, your MAGI for the Net Investment Income Tax is the same as AGI.
