Reply To: Net Investment Income Tax

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#4979
kaneohe
Participant

Is your NIIT limited by NII or amount of AGI > threshold? For me, it is usually limited by amount of AGI > threshold so I don’t think I get to deduct expenses based on 8960. I guess this might pertain more to your 2018 so perhaps you didn’t slip up……perhaps you wouldn’t have been able to deduct expenses then?