Reply To: Qualified Opportunity Fund and Net Investment Income Tax

Home Fairmark Forum Taxation of Investments Qualified Opportunity Fund and Net Investment Income Tax Reply To: Qualified Opportunity Fund and Net Investment Income Tax

#1706
kaneohe
Participant

I don’t know the answer to your question but wonder if a different approach might help. Is your NIIT determined by your net investment income or the amount of AGI exceeding the threshold? I would guess
that for most folks, it would be determined by the latter unless you have tons of ordinary income. If it is determine by the AGI excess, then perhaps you don’t really need to know your NII precisely to calculate NIIT?