Section 1411 : net investment income tax / David H. Kirk (Ernst & Young LLP, Washington, DC).
2017
Items
Details
Title
Section 1411 : net investment income tax / David H. Kirk (Ernst & Young LLP, Washington, DC).
Added Corporate Author
Imprint
Arlington, VA : Tax Management, [2017]-
Description
1 online resource.
Frequency
Updated irregularly.
Series
Tax management portfolios ; 511.
Formatted Contents Note
Detailed analysis. Introduction
General operating principles
"Gross" net investment income: [section] 1411(c)(1)(A)
Excluded income
Properly allocable deductions: [section] 1411(c)(1)(B)
Dispositions of interests in partnerships and S corporations
Income from controlled foreign corporations and passive foreign investment companies
Application to individuals
Application to estates and trusts
Application of [section] 1411 outside of Chapter 2A
Working papers.
General operating principles
"Gross" net investment income: [section] 1411(c)(1)(A)
Excluded income
Properly allocable deductions: [section] 1411(c)(1)(B)
Dispositions of interests in partnerships and S corporations
Income from controlled foreign corporations and passive foreign investment companies
Application to individuals
Application to estates and trusts
Application of [section] 1411 outside of Chapter 2A
Working papers.
Summary
" ... analyzes the net investment income tax (NIIT) applicable to individuals, estates, and trusts. The NIIT is imposed by [section]1411 of the Internal Revenue Code. The NIIT applies at a rate of 3.8% to certain net investment income of individuals, estates and trusts that have income above the statutory threshold amounts. Section 1402(a)(1) of the Health Care and Education Reconciliation Act of 2010 added [section] 1411 to a new Chapter 2A of Subtitle A (Income Taxes) of the Code effective for tax years beginning after December 31, 2012."
Bibliography, etc. Note
Includes bibliographical references.
System Details Note
Mode of access: World Wide Web.
Source of Description
Description based on contents viewed on May 16, 2017; title from description page.
Location
WWW
Available in Other Form
Print version: Kirk, David H. Section 1411-- net investment income tax. Arlington, VA : Tax Management, [2017]-
Linked Resources
Alternate Title
BNA Premier package.
Language
English
Record Appears in