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TM Department of Finance NYC 579EIN NEW YORK CITY DEPARTMENT OF FINANCE Signature Authorization for Filed Unincorporated Business Tax Return for Estates and Trusts 2015 ELECTRONIC RETURN ORIGINATORS
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n nyc5ubti n nycext refers to Net Investment Income Tax (NIIT) and it is a tax imposed on certain net investment income of individuals, estates, and trusts.
Individuals, estates, and trusts that have net investment income and meet certain income thresholds are required to file n nyc5ubti n nycext.
To fill out n nyc5ubti n nycext, you need to calculate your net investment income, determine if you meet the income thresholds, and report the necessary information on the applicable tax forms.
The purpose of n nyc5ubti n nycext is to generate additional tax revenue from individuals, estates, and trusts with substantial investment income.
Information such as types of investment income, income thresholds, deductions, and credits must be reported on n nyc5ubti n nycext.
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