Is Other Reportable Income included in Net Investment Income for purposes of the 3.8% NIIT?

Things like crypto staking rewards that aren't reported on 1099 can be reported under

Wages & Income,Less Common Income, Miscellaneous Income, 1099-A, 1099-C, Other Reportable Income

Is this included in the NIIT? The income I reported here does not appear to receive the 3.8% NIIT hit. But just making sure.

339

Expert Alumni

Apr 5, 2022 10:20:16 AM

No.

Income reported as Other Reportable income is not subject to the Net Investment Income Tax of 3.8%.

Please read the definition of Net Investment Income in this IRS document.