Latest News

From Bridgewater to Templeton, money managers warm up to unloved Chinese tech stocks



Is NIIT the same as the ‘millionaire tax’?

Q.: You mentioned in a column that there is a 3.8% “Net Investment Income Tax.” A.: Keith, no. The Net Investment Income Tax (NIIT) has nothing to do with having a million-dollar net worth and it comes into play long before income reaches a million. The NIIT is triggered once Modified Adjusted Gross Income (MAGI) reaches $200,000 for a single filer, $250,000 for a joint filer, $125,000 for a married person filing separately.

Here’s what the Black Friday carnage may mean for the stock market’s trade Monday, analysts say

Previous article

7 Tips for Protecting Your Finances From Inflation

Next article

You may also like


Leave a reply

Your email address will not be published. Required fields are marked *

More in Latest News