Did you know? The tax and financial planning department at Clearstead analyzes your net investment income sources and has strategies to minimize your net investment income tax liability.

The Net Investment Income Tax (NIIT) is an additional 3.8% tax on a broad range of net investment income from sources such as interest, dividends, certain annuities, royalties, rents (unless from a non-passive trade or business), income from a passive activity, and net gains from the distribution of property (other than property from a non-passive trade or business).

It affects individuals, estates, and trusts above certain income levels. Taxpayers are subject to NIIT if their modified adjusted income exceeds:

  • $250,000 for married filing jointly or qualifying widow(er)
  • $125,000 for married filing separately
  • $200,000 in all other cases
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We provide objective financial leadership through our fee-only advisory model. We do not offer proprietary products and receive no commissions from the investments we recommend: our only source of revenue is advisory fees we receive for financial advice. Our objectivity is central to the effective service we provide our clients.

Clearstead is an institutional and private client advisory firm that is relentless in providing solutions so our clients can exceed their aspirations and build stronger legacies for their families, their communities, and themselves.

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