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They're not considered wages, because the earnings don't depend on the number of hours you work.
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Irs.com is a privately owned website that is not affiliated with any government agencies. State income tax is different from the federal income tax. Section 1411 of the irs code imposes the net investment income tax (niit). Get the lowdown on this essential piece of the u.s. Taxes may not be the most exciting financial topic, but they're definitely important. The internal revenue service doesn't tax all earnings the same. If your commissions are less than $1 milli. Many of the offers appearing on this s.
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Section 1411 of the irs code imposes the net investment income tax (niit).
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