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NIIT Amount
$266
$266
NIIT
MAGI
$207,000
Threshold
$200,000
Excess MAGI
$7,000
Summary
You owe an estimated $266 in Net Investment Income Tax on $7,000 of investment income.
The Net Investment Income Tax is a flat 3.8% surtax on investment income for high earners.
The MAGI threshold for Single filers is $200,000.
NIIT applies to the lesser of your net investment income or the amount by which your MAGI exceeds the threshold.
$7,000 of your investment income is subject to the 3.8% NIIT, resulting in $266 in tax.
NIIT Calculation Journey
6 rows
| Step | Amount |
|---|---|
| Net Investment Income | $57,000 |
| MAGI | $207,000 |
| Threshold | $200,000 |
| Excess MAGI | $7,000 |
| Subject to NIIT (lesser of NII or Excess) | $7,000 |
| NIIT (3.8%) | $266 |
Estimates the 3.8% Net Investment Income Tax only. Does not include federal income tax, state/local taxes, or credits. Not tax advice.