Estates and trusts are subject to the Net Investment Income Tax (NIIT) if they have undistributed net investment income and their adjusted gross income (AGI) exceeds the dollar amount at which the highest tax bracket begins for that tax year.

Authors

• Person: Not available Organization: Mercer Advisors
  Capital Gains and Tax Loss Harvesting Explained - Mercer Advisors

Sources

• Capital Gains and Tax Loss Harvesting Explained - Mercer Advisors www.merceradvisors.com Mercer Advisors via serper

Referenced by nodes (1)

• net investment income tax concept