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The Net Investment Income Tax

If you have investment income from interest, dividends, capital gains, or passive activities and your income exceeds certain thresholds, you may be liable for an additional tax called the Net Investment Income Tax. This video describes the tax, how to compute it, and where to report it on your tax return. Videos covering investment income:    • Investment Income   0:00 Introduction 0:43 What is the Net Investment Income Tax? 1:48 How is the Tax calculated? 3:30 Where is the Tax reported? 5:01 Conclusion Additional Information and Resources: IRS Form 8960: "Net Investment Income Tax": https://www.irs.gov/pub/irs-pdf/f8960... Instructions for Form 8960: https://www.irs.gov/pub/irs-pdf/i89f6... The Balance: "What is the Net Investment Income Tax?": https://www.thebalancemoney.com/net-i... Image/Video Sources: Storyblocks.com Wikimedia Commons NatGeoLover The images of "Doris" and "Christine" were generated by thispersondoesnotexist.com (stability.ai). Any resemblance between these images and any persons, living or dead, is incidental and not intended. No other artificial intelligence was used to research, write, animate, voice, or edit this video Intro Music: "Bluesy Vibes" - Doug Maxwell - YouTube Creator Music Outro Music: "Modern Attempt" - Track Tribe under license from YouTube Creator Music DISCLAIMER: This video is for educational and informational purposes only. It is not intended to render tax advice or financial advice for individual situations. If you have questions regarding your particular situation, please consult with a qualified tax or financial professional.