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IRS Issues Proposed Regs on 3.8% Net Investment Income Tax
Journal of Accountancy Link to more items from this source
[Guidance Overview]
Dec. 4, 2012

"Starting in 2013, Sec. 1411(a)(1) imposes a tax equal to 3.8% of the lesser of an individual's net investment income for the tax year or the excess (if any) of the individual's modified adjusted gross income for the tax year over a threshold amount.... The tax also applies to estates and trusts, with different threshold amounts."  MORE >>

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