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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.
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.
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.
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.
Taxpayers must report their net investment income, including interest, dividends, capital gains, rental income, royalties, and income from passive activities.
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