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My interest income is taxed at a rate higher than my tax bracket, even while taking into account the 3.8% net investment income tax. Why is this?

 
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1 Reply
MarilynG1
Expert Alumni

My interest income is taxed at a rate higher than my tax bracket, even while taking into account the 3.8% net investment income tax. Why is this?

If you can clarify what you mean by 'taxed at a higher rate than my tax bracket' we'll try to help.

 

Here's more info on Form 1099-INT: Interest Income. 

 

 

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