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Investors & landlords
Depending on your income, it could be subject to the 3.8% Net Investment Income Tax.
Also, the 'extra' income could reduce (or eliminate) some credits or deductions that are on your tax return.
There are MANY variables, so if you need an accurate estimate, you would want to create a 'mock' tax return with all of the estimated information.
‎October 12, 2020
4:25 PM
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