[nn0wheremann]

Originally Posted by manaboutown

Reviewing my tax returns over the past several years I found this insidious component seems to grow larger every year. What I found especially nettlesome is it applies to LTCGs!

It was initiated in 2013. That year 3.1M taxpayers paid it. In 2021 7.3M were hit with it so more and more of us now pay it.

It seems only a few steps may be taken to alleviate its impact.

Net Investment Income Tax: Do You Have to Pay It? - NerdWallet

What Is The Net Investment Income Tax And Who Has To Pay It? | Bankrate

Net Investment Income Tax (NIIT): What Is It and Who Pays? | Kiplinger

Oh, the awesome burdens of the upper crust!