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IRS Tax on Employer Owned Life Insurance
Employer-owned life insurance policies issued after August 17, 2016 are subject to taxation by the IRS unless they qualify for an exception.
Taxes on Using Ebay and Paypal
Sellers who use Ebay and Paypal or other payment processors may receive Form 1099-Ks.
Net Investment Income Tax
The NIIT applies at a rate of 3.8% to certain net investment income of individuals, estates and trusts that have income above the statutory threshold amounts.