loading…

Application to individuals

3 rules

In the case of an individual, there is hereby imposed (in addition to any other tax imposed by this subtitle) for each taxable year a tax equal to 3.8 percent of the lesser of—

(A) net investment income for such taxable year, or

(B) the excess (if any) of— (i) the modified adjusted gross income for such taxable year, over (ii) the threshold amount.

in view

Whole section

Encodings · 3

niit_rate26 USC § 1411 (a)(1) · parameter

26 USC 1411(a)(1), (a)(2)

name: niit_rate
kind: parameter
dtype: Rate
source: 26 USC 1411(a)(1), (a)(2)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: parameter
        source:
          corpus_citation_path: us/statute/26/1411
versions:
  - effective_from: '2013-01-01'
    formula: '0.038'

open in graph ↗

niit_excess_modified_adjusted_gross_income26 USC § 1411 (a)(1) (B) · derived

26 USC 1411(a)(1)(B)

name: niit_excess_modified_adjusted_gross_income
kind: derived
entity: TaxUnit
dtype: Money
period: Year
unit: USD
source: 26 USC 1411(a)(1)(B)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: formula
        source:
          corpus_citation_path: us/statute/26/1411
versions:
  - effective_from: '2013-01-01'
    formula: max(0, niit_modified_adjusted_gross_income - niit_threshold_amount)

open in graph ↗

niit_individual_tax_base26 USC § 1411 (a)(1) · derived

26 USC 1411(a)(1)

name: niit_individual_tax_base
kind: derived
entity: TaxUnit
dtype: Money
period: Year
unit: USD
source: 26 USC 1411(a)(1)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: formula
        source:
          corpus_citation_path: us/statute/26/1411
versions:
  - effective_from: '2013-01-01'
    formula: min(net_investment_income, niit_excess_modified_adjusted_gross_income)

open in graph ↗

▸rulespec code

Shown source

statutes/26/1411.yaml

Displaying the canonical repository encoding.

This encoding covers the parent provision us/statute/26/1411; no dedicated encoding exists for this exact provision yet.

View on GitHub

Rules

niit_rate

Parameter

source: 26 USC 1411(a)(1), (a)(2)

- name: niit_rate
  kind: parameter
  dtype: Rate
  source: 26 USC 1411(a)(1), (a)(2)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/26/1411
  versions:
    - effective_from: '2013-01-01'
      formula: '0.038'

niit_threshold_joint

Parameter

source: 26 USC 1411(b)(1)

- name: niit_threshold_joint
  kind: parameter
  dtype: Money
  unit: USD
  source: 26 USC 1411(b)(1)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: amount
          source:
            corpus_citation_path: us/statute/26/1411
  versions:
    - effective_from: '2013-01-01'
      formula: '250000'

niit_threshold_other

Parameter

source: 26 USC 1411(b)(3)

- name: niit_threshold_other
  kind: parameter
  dtype: Money
  unit: USD
  source: 26 USC 1411(b)(3)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: amount
          source:
            corpus_citation_path: us/statute/26/1411
  versions:
    - effective_from: '2013-01-01'
      formula: '200000'

niit_threshold_separate

Derived

source: 26 USC 1411(b)(2)

- name: niit_threshold_separate
  kind: derived
  entity: TaxUnit
  dtype: Money
  period: Year
  unit: USD
  source: 26 USC 1411(b)(2)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/26/1411
        - path: versions[0].formula
          kind: amount
          source:
            corpus_citation_path: us/statute/26/1411
  versions:
    - effective_from: '2013-01-01'
      formula: niit_threshold_joint / 2

niit_threshold_amount

Derived

source: 26 USC 1411(b)

- name: niit_threshold_amount
  kind: derived
  entity: TaxUnit
  dtype: Money
  period: Year
  unit: USD
  source: 26 USC 1411(b)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/26/1411
        - path: versions[0].formula
          kind: condition
          source:
            corpus_citation_path: us/statute/26/1411
  versions:
    - effective_from: '2013-01-01'
      formula: |-
        match filing_status:
            1 => niit_threshold_joint
            4 => niit_threshold_joint
            2 => niit_threshold_separate
            3 => niit_threshold_other
            0 => niit_threshold_other

niit_modified_adjusted_gross_income

Derived

source: 26 USC 1411(d)

- name: niit_modified_adjusted_gross_income
  kind: derived
  entity: TaxUnit
  dtype: Money
  period: Year
  unit: USD
  source: 26 USC 1411(d)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: definition
          source:
            corpus_citation_path: us/statute/26/1411
        - path: versions[0].formula
          kind: import
          import:
            target: us:statutes/26/911/a/1#foreign_earned_income_excluded_from_gross_income
            output: foreign_earned_income_excluded_from_gross_income
            hash: sha256:6b3d485412c7039578b86df1ff0ca4e7ffce0c8414fe7dc0fb9f643eaea755fc
        - path: versions[0].formula
          kind: import
          import:
            target: us:statutes/26/911/d/6#section_911_disallowed_deductions_and_exclusions
            output: section_911_disallowed_deductions_and_exclusions
            hash: sha256:ee94dfb18b7d04d16aefa2afbe70213feee3fcd04f4f80e7a26763e2ac841f30
  versions:
    - effective_from: '2013-01-01'
      formula: |-
        adjusted_gross_income
        + max(
            0,
            foreign_earned_income_excluded_from_gross_income
            - section_911_disallowed_deductions_and_exclusions
        )

net_investment_income_gross_items

Derived

source: 26 USC 1411(c)(1)(A), (c)(2), (c)(3), (c)(4)

- name: net_investment_income_gross_items
  kind: derived
  entity: TaxUnit
  dtype: Money
  period: Year
  unit: USD
  source: 26 USC 1411(c)(1)(A), (c)(2), (c)(3), (c)(4)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: definition
          source:
            corpus_citation_path: us/statute/26/1411
        - path: versions[0].formula
          kind: condition
          source:
            corpus_citation_path: us/statute/26/1411
  versions:
    - effective_from: '2013-01-01'
      formula: |-
        taxable_interest_income
        + dividend_income
        + annuity_income
        + royalty_income
        + rental_income
        + passive_activity_business_income
        + financial_trading_business_income
        + investment_of_working_capital_income
        + taxable_net_gain_from_dispositions_after_active_partnership_s_corporation_exception

net_investment_income_excluded_items

Derived

source: 26 USC 1411(c)(5), (c)(6)

- name: net_investment_income_excluded_items
  kind: derived
  entity: TaxUnit
  dtype: Money
  period: Year
  unit: USD
  source: 26 USC 1411(c)(5), (c)(6)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: exception
          source:
            corpus_citation_path: us/statute/26/1411
  versions:
    - effective_from: '2013-01-01'
      formula: |-
        qualified_plan_distributions
        + self_employment_income_subject_to_1401_b

net_investment_income

Derived

source: 26 USC 1411(c)

- name: net_investment_income
  kind: derived
  entity: TaxUnit
  dtype: Money
  period: Year
  unit: USD
  source: 26 USC 1411(c)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/26/1411
        - path: versions[0].formula
          kind: exception
          source:
            corpus_citation_path: us/statute/26/1411
  versions:
    - effective_from: '2013-01-01'
      formula: |-
        max(
            0,
            net_investment_income_gross_items
            - allocable_investment_deductions
            - net_investment_income_excluded_items
        )

niit_excess_modified_adjusted_gross_income

Derived(B) in text ↖

source: 26 USC 1411(a)(1)(B)

- name: niit_excess_modified_adjusted_gross_income
  kind: derived
  entity: TaxUnit
  dtype: Money
  period: Year
  unit: USD
  source: 26 USC 1411(a)(1)(B)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/26/1411
  versions:
    - effective_from: '2013-01-01'
      formula: max(0, niit_modified_adjusted_gross_income - niit_threshold_amount)

niit_individual_tax_base

Derived

source: 26 USC 1411(a)(1)

- name: niit_individual_tax_base
  kind: derived
  entity: TaxUnit
  dtype: Money
  period: Year
  unit: USD
  source: 26 USC 1411(a)(1)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/26/1411
  versions:
    - effective_from: '2013-01-01'
      formula: min(net_investment_income, niit_excess_modified_adjusted_gross_income)

niit_estate_or_trust_excess_adjusted_gross_income

Derived

source: 26 USC 1411(a)(2)(B)

- name: niit_estate_or_trust_excess_adjusted_gross_income
  kind: derived
  entity: TaxUnit
  dtype: Money
  period: Year
  unit: USD
  source: 26 USC 1411(a)(2)(B)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/26/1411
        - path: versions[0].formula
          kind: import
          import:
            target: us:statutes/26/67/e#estate_or_trust_adjusted_gross_income
            output: estate_or_trust_adjusted_gross_income
            hash: sha256:1d2f326aff41b4a3b2accb8f6965f60a2de063c96efbb11351dd6cf7d8bafbbd
  versions:
    - effective_from: '2013-01-01'
      formula: |-
        max(
            0,
            estate_or_trust_adjusted_gross_income
            - highest_section_1_e_bracket_begin_amount
        )

niit_estate_or_trust_tax_base

Derived

source: 26 USC 1411(a)(2)

- name: niit_estate_or_trust_tax_base
  kind: derived
  entity: TaxUnit
  dtype: Money
  period: Year
  unit: USD
  source: 26 USC 1411(a)(2)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/26/1411
  versions:
    - effective_from: '2013-01-01'
      formula: |-
        min(
            undistributed_net_investment_income,
            niit_estate_or_trust_excess_adjusted_gross_income
        )

net_investment_income_tax

Derived

source: 26 USC 1411(a), (e)

- name: net_investment_income_tax
  kind: derived
  entity: TaxUnit
  dtype: Money
  period: Year
  unit: USD
  source: 26 USC 1411(a), (e)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/26/1411
        - path: versions[0].formula
          kind: exception
          source:
            corpus_citation_path: us/statute/26/1411
  versions:
    - effective_from: '2013-01-01'
      formula: |-
        if is_nonresident_alien: 0 else:
            if trust_all_unexpired_interests_devoted_to_section_170_c_2_B_purposes: 0 else:
                if is_individual: niit_rate * niit_individual_tax_base else:
                    if is_estate_or_trust: niit_rate * niit_estate_or_trust_tax_base else: 0

loading…

us/statute/26/1411/a/1 — Application to individuals · Axiom

Application to individuals

3 rules

Official source

graph ↗build calculator ↗

In the case of an individual, there is hereby imposed (in addition to any other tax imposed by this subtitle) for each taxable year a tax equal to 3.8 percent of the lesser of—

(A) net investment income for such taxable year, or

(B) the excess (if any) of— (i) the modified adjusted gross income for such taxable year, over (ii) the threshold amount.

in view

Whole section

Encodings · 3

niit_rate26 USC § 1411 (a)(1) · parameter

26 USC 1411(a)(1), (a)(2)

name: niit_rate
kind: parameter
dtype: Rate
source: 26 USC 1411(a)(1), (a)(2)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: parameter
        source:
          corpus_citation_path: us/statute/26/1411
versions:
  - effective_from: '2013-01-01'
    formula: '0.038'

open in graph ↗

niit_excess_modified_adjusted_gross_income26 USC § 1411 (a)(1) (B) · derived

26 USC 1411(a)(1)(B)

name: niit_excess_modified_adjusted_gross_income
kind: derived
entity: TaxUnit
dtype: Money
period: Year
unit: USD
source: 26 USC 1411(a)(1)(B)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: formula
        source:
          corpus_citation_path: us/statute/26/1411
versions:
  - effective_from: '2013-01-01'
    formula: max(0, niit_modified_adjusted_gross_income - niit_threshold_amount)

open in graph ↗

niit_individual_tax_base26 USC § 1411 (a)(1) · derived

26 USC 1411(a)(1)

name: niit_individual_tax_base
kind: derived
entity: TaxUnit
dtype: Money
period: Year
unit: USD
source: 26 USC 1411(a)(1)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: formula
        source:
          corpus_citation_path: us/statute/26/1411
versions:
  - effective_from: '2013-01-01'
    formula: min(net_investment_income, niit_excess_modified_adjusted_gross_income)

open in graph ↗

▸rulespec code

Shown source

statutes/26/1411.yaml

Displaying the canonical repository encoding.

This encoding covers the parent provision us/statute/26/1411; no dedicated encoding exists for this exact provision yet.

View on GitHub

Rules

niit_rate

Parameter

source: 26 USC 1411(a)(1), (a)(2)

- name: niit_rate
  kind: parameter
  dtype: Rate
  source: 26 USC 1411(a)(1), (a)(2)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/26/1411
  versions:
    - effective_from: '2013-01-01'
      formula: '0.038'

niit_threshold_joint

Parameter

source: 26 USC 1411(b)(1)

- name: niit_threshold_joint
  kind: parameter
  dtype: Money
  unit: USD
  source: 26 USC 1411(b)(1)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: amount
          source:
            corpus_citation_path: us/statute/26/1411
  versions:
    - effective_from: '2013-01-01'
      formula: '250000'

niit_threshold_other

Parameter

source: 26 USC 1411(b)(3)

- name: niit_threshold_other
  kind: parameter
  dtype: Money
  unit: USD
  source: 26 USC 1411(b)(3)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: amount
          source:
            corpus_citation_path: us/statute/26/1411
  versions:
    - effective_from: '2013-01-01'
      formula: '200000'

niit_threshold_separate

Derived

source: 26 USC 1411(b)(2)

- name: niit_threshold_separate
  kind: derived
  entity: TaxUnit
  dtype: Money
  period: Year
  unit: USD
  source: 26 USC 1411(b)(2)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/26/1411
        - path: versions[0].formula
          kind: amount
          source:
            corpus_citation_path: us/statute/26/1411
  versions:
    - effective_from: '2013-01-01'
      formula: niit_threshold_joint / 2

niit_threshold_amount

Derived

source: 26 USC 1411(b)

- name: niit_threshold_amount
  kind: derived
  entity: TaxUnit
  dtype: Money
  period: Year
  unit: USD
  source: 26 USC 1411(b)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/26/1411
        - path: versions[0].formula
          kind: condition
          source:
            corpus_citation_path: us/statute/26/1411
  versions:
    - effective_from: '2013-01-01'
      formula: |-
        match filing_status:
            1 => niit_threshold_joint
            4 => niit_threshold_joint
            2 => niit_threshold_separate
            3 => niit_threshold_other
            0 => niit_threshold_other

niit_modified_adjusted_gross_income

Derived

source: 26 USC 1411(d)

- name: niit_modified_adjusted_gross_income
  kind: derived
  entity: TaxUnit
  dtype: Money
  period: Year
  unit: USD
  source: 26 USC 1411(d)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: definition
          source:
            corpus_citation_path: us/statute/26/1411
        - path: versions[0].formula
          kind: import
          import:
            target: us:statutes/26/911/a/1#foreign_earned_income_excluded_from_gross_income
            output: foreign_earned_income_excluded_from_gross_income
            hash: sha256:6b3d485412c7039578b86df1ff0ca4e7ffce0c8414fe7dc0fb9f643eaea755fc
        - path: versions[0].formula
          kind: import
          import:
            target: us:statutes/26/911/d/6#section_911_disallowed_deductions_and_exclusions
            output: section_911_disallowed_deductions_and_exclusions
            hash: sha256:ee94dfb18b7d04d16aefa2afbe70213feee3fcd04f4f80e7a26763e2ac841f30
  versions:
    - effective_from: '2013-01-01'
      formula: |-
        adjusted_gross_income
        + max(
            0,
            foreign_earned_income_excluded_from_gross_income
            - section_911_disallowed_deductions_and_exclusions
        )

net_investment_income_gross_items

Derived

source: 26 USC 1411(c)(1)(A), (c)(2), (c)(3), (c)(4)

- name: net_investment_income_gross_items
  kind: derived
  entity: TaxUnit
  dtype: Money
  period: Year
  unit: USD
  source: 26 USC 1411(c)(1)(A), (c)(2), (c)(3), (c)(4)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: definition
          source:
            corpus_citation_path: us/statute/26/1411
        - path: versions[0].formula
          kind: condition
          source:
            corpus_citation_path: us/statute/26/1411
  versions:
    - effective_from: '2013-01-01'
      formula: |-
        taxable_interest_income
        + dividend_income
        + annuity_income
        + royalty_income
        + rental_income
        + passive_activity_business_income
        + financial_trading_business_income
        + investment_of_working_capital_income
        + taxable_net_gain_from_dispositions_after_active_partnership_s_corporation_exception

net_investment_income_excluded_items

Derived

source: 26 USC 1411(c)(5), (c)(6)

- name: net_investment_income_excluded_items
  kind: derived
  entity: TaxUnit
  dtype: Money
  period: Year
  unit: USD
  source: 26 USC 1411(c)(5), (c)(6)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: exception
          source:
            corpus_citation_path: us/statute/26/1411
  versions:
    - effective_from: '2013-01-01'
      formula: |-
        qualified_plan_distributions
        + self_employment_income_subject_to_1401_b

net_investment_income

Derived

source: 26 USC 1411(c)

- name: net_investment_income
  kind: derived
  entity: TaxUnit
  dtype: Money
  period: Year
  unit: USD
  source: 26 USC 1411(c)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/26/1411
        - path: versions[0].formula
          kind: exception
          source:
            corpus_citation_path: us/statute/26/1411
  versions:
    - effective_from: '2013-01-01'
      formula: |-
        max(
            0,
            net_investment_income_gross_items
            - allocable_investment_deductions
            - net_investment_income_excluded_items
        )

niit_excess_modified_adjusted_gross_income

Derived(B) in text ↖

source: 26 USC 1411(a)(1)(B)

- name: niit_excess_modified_adjusted_gross_income
  kind: derived
  entity: TaxUnit
  dtype: Money
  period: Year
  unit: USD
  source: 26 USC 1411(a)(1)(B)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/26/1411
  versions:
    - effective_from: '2013-01-01'
      formula: max(0, niit_modified_adjusted_gross_income - niit_threshold_amount)

niit_individual_tax_base

Derived

source: 26 USC 1411(a)(1)

- name: niit_individual_tax_base
  kind: derived
  entity: TaxUnit
  dtype: Money
  period: Year
  unit: USD
  source: 26 USC 1411(a)(1)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/26/1411
  versions:
    - effective_from: '2013-01-01'
      formula: min(net_investment_income, niit_excess_modified_adjusted_gross_income)

niit_estate_or_trust_excess_adjusted_gross_income

Derived

source: 26 USC 1411(a)(2)(B)

- name: niit_estate_or_trust_excess_adjusted_gross_income
  kind: derived
  entity: TaxUnit
  dtype: Money
  period: Year
  unit: USD
  source: 26 USC 1411(a)(2)(B)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/26/1411
        - path: versions[0].formula
          kind: import
          import:
            target: us:statutes/26/67/e#estate_or_trust_adjusted_gross_income
            output: estate_or_trust_adjusted_gross_income
            hash: sha256:1d2f326aff41b4a3b2accb8f6965f60a2de063c96efbb11351dd6cf7d8bafbbd
  versions:
    - effective_from: '2013-01-01'
      formula: |-
        max(
            0,
            estate_or_trust_adjusted_gross_income
            - highest_section_1_e_bracket_begin_amount
        )

niit_estate_or_trust_tax_base

Derived

source: 26 USC 1411(a)(2)

- name: niit_estate_or_trust_tax_base
  kind: derived
  entity: TaxUnit
  dtype: Money
  period: Year
  unit: USD
  source: 26 USC 1411(a)(2)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/26/1411
  versions:
    - effective_from: '2013-01-01'
      formula: |-
        min(
            undistributed_net_investment_income,
            niit_estate_or_trust_excess_adjusted_gross_income
        )

net_investment_income_tax

Derived

source: 26 USC 1411(a), (e)

- name: net_investment_income_tax
  kind: derived
  entity: TaxUnit
  dtype: Money
  period: Year
  unit: USD
  source: 26 USC 1411(a), (e)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/26/1411
        - path: versions[0].formula
          kind: exception
          source:
            corpus_citation_path: us/statute/26/1411
  versions:
    - effective_from: '2013-01-01'
      formula: |-
        if is_nonresident_alien: 0 else:
            if trust_all_unexpired_interests_devoted_to_section_170_c_2_B_purposes: 0 else:
                if is_individual: niit_rate * niit_individual_tax_base else:
                    if is_estate_or_trust: niit_rate * niit_estate_or_trust_tax_base else: 0