What is Net Investment Income Tax

Explanation of Net Investment Income Tax, or NIIT, which is an additional 3.8% tax you may have to pay on your sources of passive investment income such as interest, dividends, rental income, non-qualified annuity income and capital gains.

Links in this video:

IRS summary of NIIT - https://www.irs.gov/newsroom/question...
Retirement Planning Insights - https://www.tenonfinancial.com/newsle...
Taxes in Retirement - Facebook: taxes...​
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DISCLAIMER: This video is only helpful hints and education. It is not specific tax, legal or investment advice. Before considering acting on anything you see in this video, first consult with your tax, legal or investment advisor. While the information expressed in this video is believed to be accurate, neither Andy Panko, CFP®, RICP®, EA nor Tenon Financial LLC make any guarantees to its accuracy.

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