2024 Threshold For Net Investment Income Taxation

2024 Threshold For Net Investment Income Taxation. The finance act, 2024 introduced significant changes to the tax structure,. The criteria for being subject to niit.

However, with proactive planning, you may be able to reduce the amount you owe on your 2024 federal income tax return. The net investment income tax is a 3.8% tax you must pay if your modified adjusted gross income exceeds a certain threshold.