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Plan Activities, Register Donors, and Let Life Bloom life. Org an n to and tissue d on eye an n, lo o m. Re her gist 500 points GOLD t of g if To lo o Let Life Bloom in honor ofthNational Donate Life
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Net investment income tax, also known as N E Y E, is a tax imposed on individuals, estates, and trusts that have net investment income above specific thresholds.
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Individuals, estates, and trusts are required to file N E Y E if they have net investment income above the threshold amount set by the IRS.
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N E Y E can be filled out using Form 8960 provided by the IRS. Taxpayers need to report their net investment income and calculate the tax owed.
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The purpose of N E Y E is to fund the Affordable Care Act. It is designed to ensure that individuals with high income from investments contribute towards healthcare coverage for all.
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Taxpayers must report their net investment income, including interest, dividends, capital gains, rental income, royalties, and income from passive activities.
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