If your investments made money, you might owe something called the net investment income tax (NIIT) on your profits. Although many investors are not likely to get hit with this bill, it’s important to ...
Learn the difference between gross vs. net income, and how each affects your tax payments. Gross income is the total amount of income you receive from all sources before any taxes or other deductions ...
Forbes contributors publish independent expert analyses and insights. Admitted NY Bar and US Tax Court, covers US international tax law. The Net Investment Income Tax thresholds aren't adjusted for ...
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What is Net Income?

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Gross income is the total amount of income you receive from all sources before any taxes or other deductions are taken out. Adjusted Gross Income (AGI) is used in completing your tax return and is all ...