The 2010 health care reform bill contained a tax which would impose a 3.8% Medicare contribution tax on investment income of certain high income individuals beginning in 2013. With 2013 rapidly approaching, this article looks at the contours of the tax, who will have to pay it, what income will be taxed, exceptions to the general rules of the tax and how it interacts with other upcoming tax code changes.
- Summary by FizzLaw Team
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Not Too Early to Plan for the 3.8 Percent Medicare Tax on Investment Income