About Net Investment Income Tax (NIIT)

VNT24
VNT24 Member Posts: 1 Newcomer
in Situation & Life Changes

i am planning to sell some land inherited abroad from my dad who passed away a few years ago. Based on the expected sale price and my cost basis, my AGI for 2025 will put me over the threshold when i will need to pay Net Investment Income Tax (NIIT), it seems.

Will the capital gains on this sale be considered investment income subject to NIIT?

Thanks for any feedback.

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