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May 16, 2024
5:15
:55
pm
allaboutthegainz
All-American
It’s the Net Investment Income Tax. 3.8% on top of your income tax. Look for
Form 8960 on your return.
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allaboutthegainz
Previous username
allboy10
Bio page
allaboutthegainz
Joined
Jun 9, 2010
Last login
Jun 1, 2024
Total posts
8,109 (0 FO)
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Messages
Author
Time
Amending my tax return w/ a couple stock sales I missed. Both long-term sales
creameryon9th
May 16, 5:09pm
Does your state have a cap gains tax?
Iman23
May 16, 5:10pm
No, Texas doesnt do income or capital gains tax.
creameryon9th
May 16, 5:11pm
Do you have social security benefits?
allaboutthegainz
May 16, 5:11pm
negative, far too young to cash in on those
creameryon9th
May 16, 5:12pm
Marketplace Health Insurance?
allaboutthegainz
May 16, 5:13pm
Is your income high enough to be subject to the Net Investment Income Tax?
allaboutthegainz
May 16, 5:14pm
This mathematically works out. I didnt even know this was a thing....
creameryon9th
May 16, 5:17pm
No, Im a very normal white male in his 30s working at a large tech company
creameryon9th
May 16, 5:15pm
It’s the Net Investment Income Tax. 3.8% on top of your income tax. Look for
allaboutthegainz
May 16, 5:15pm
NIIT, perhaps.
InlandEmpYre
May 16, 5:15pm
NIIT
Carnac
May 16, 5:17pm
Humblebrag. Very nice
homegrown
May 16, 5:18pm
Hah, didnt mean to, it was an honest question.
creameryon9th
May 16, 5:27pm
Texas like Nevada is humane to taxpayers
Archaea
May 16, 5:30pm
To pay for Obamacare, the feds many years ago added an extra 3.5% if the gains
CougFan4EverEver
May 16, 7:18pm
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