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    Anyone have trouble with Tax Plan calculating NIT correctly?

    cakeen
    Level 3
    2023 tax plan is calculating NIT very high compared to 2022.
    0 Cheers
    1 Comment 1
    Terry53029
    Level 15
    Level 15

    Should be same as last year. the 3.8% net investment income tax applies to capital gains, interest, dividends, rents and more once your so-called modified adjusted gross income, or MAGI, exceeds certain thresholds, and I don't believe the thresholds are indexed for inflation.