The net investment income tax adds an extra 3.8 percent tax on investment income for high earners, but with the right strategies, you can reduce or eliminate it.

The Net Investment Income Tax is separate from the Additional Medicare Tax, which also went into effect on Jan. 1, 2013. You may be subject to both taxes, but not on the same type of income. The 0 ...

On Wednesday, the IRS released a draft of Form 8960, Net Investment Income Tax—Individuals, Estates, and Trusts, a new dual-purpose form that will be used by individuals and trusts and estates to ...

The instructions provide detailed information about how to complete different types of tax forms such as 1040, 1040-SR, 1040-NR, and 1040-PR.

IRS releases draft net investment income tax form On Wednesday, the IRS released a draft of Form 8960, Net Investment Income Tax—Individuals, Estates, and Trusts, a new dual-purpose form that will be ...

More people each year pay this pesky tax: The 3.8% surtax on net investment income (NII). The tax, which was enacted as part of Obamacare, applies to single filers with modified adjusted gross ...