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- Net Investment Income Tax Not Accounted in Effective Tax Rate, Why?
Net Investment Income Tax Not Accounted in Effective Tax Rate, Why?
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FPCwealth
Level 2
04-04-2023
10:41 AM
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Can somebody please explain the logic of why the Net Investment Income Tax is not included in the effective tax rate calculation? You should be able to take your tax and divide it by your AGI. You have to remove Net Investment Income to get the correct answer which seems wrong.
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