Sale of personal residence- NIIT tax question

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  • IrwinWeissman
    Junior Member
    • Mar 2023
    • 7
    #1

    Sale of personal residence- NIIT tax question

    Is the sale of your perosnal residence, whihc was never rented, subjectto the NIIT tax, where the MFJ taxpayers have MAGI over $ 250,000?
    Tags: None
    • kathyc2
      Senior Member
      • Feb 2015
      • 1974
      #2
      https://www.irs.gov/newsroom/questio...ent-income-tax

      See #11 for situations where it may apply.
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        • terryats
          Senior Member
          • Jan 2019
          • 276
          #3
          Did your client take section 121. If they have a capital gain it could be subject to the NIIT depending on details of your client

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