The National Directory of Certified Public Accountants

Ask A CPA - Net Investment Income Tax

What Is Included In Net Investment Income?

In general, investment income includes, but is not limited to: interest, dividends, capital gains, rental and royalty income, non-qualified annuities, income from businesses involved in trading of financial instruments or commodities, and businesses that are passive activities to the taxpayer. To calculate your Net Investment Income, your investment income is reduced by certain expenses properly allocable to the income

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