WSJ Tax Guide 2019: Taxes on Investment Income - WSJ The tax overhaul didn’t change the favorable rates for long-term capital gains and many dividends, and a popular zero rate on these types of investment income is still in effect. Tax Planning Strategies for the 3.8% Net Investment Income ... Tax Planning Strategies for the 3.8% Net Investment Income Tax. By Alan Olsen, CPA, MBA (tax) Managing Partner Greenstein Rogoff Olsen & Co. LLP. Anyone who has any kind of investment income has probably wondered how tax laws will affect that income. Treasury Issues Proposed Regs Regarding Net Investment ... Dec 10, 2012 · Section 1402(a)(1) of the Health Care and Education Reconciliation Act of 2010 added new section 1411 to the Internal Revenue Code, which imposes a 3.8 percent surtax on the net investment income (NII) of certain individuals, estates, and trusts for amounts that exceed statutory threshold amounts.
Medicare Surtax on Wages and Self-Employment Income
Obamacare: Individual Mandate & Net Investment Income Tax ... Net Investment Income Tax. ACA has many new and different types of taxes to finance the law. One of these tax regimes — the “Net Investment Income Tax” (NIT) originally referred to as the “ACA 3.8% Medicare surtax on unearned income” — affected upper-income taxpayers as of Jan. 1, 2013. WSJ Tax Guide 2019: Taxes on Investment Income - WSJ The tax overhaul didn’t change the favorable rates for long-term capital gains and many dividends, and a popular zero rate on these types of investment income is still in effect.
The tax overhaul didn’t change the favorable rates for long-term capital gains and many dividends, and a popular zero rate on these types of investment income is still in effect.
17 Jul 2017 The Net Investment Income Tax (NIIT) is a surtax that took effect in 2013. The NIIT was intended to boost tax revenue from Medicare payroll taxes
Applying the New Net Investment Income Tax to Trusts and ...
Why You're Stuck Paying This Hated Tax ... - The Motley Fool The net investment income tax is a 3.8% surtax that applies to income from investments. Money you get from interest, dividends, and short-term and long-term capital gains count as investment Significant participation activities and the net ... In our last few tax letters we have discussed passive activities versus nonpassive activities in the context of the 3.8 percent net investment income (NII) tax. This article focuses on a nuance in the passive activity rules that, in the right circumstances, may allow taxpayers to avoid the 3.8 percent net investment income tax on certain income Minimizing "Net Investment Income" | Perkins & Co Since a Roth conversion is not considered net investment income, the conversion itself would not be subject to the 3.8% surtax (although it would be taxable). If one component of your net investment income is passive earnings from a flow-through entity, consider whether it’s possible for you to become more active in the business. Planning for the “Parallel Universe” of the Net Investment ...
Paying Obamacare's 3.8% Investment Tax? Like Your ...
Affordable Care Act 3.8% Surtax on Net Investment Income ... A new 3.8% surtax on certain investment income starts January 1, 2013, as part of the health care reform legislation. It applies to net investment income of higher-income individuals. The 3.8% surtax is in addition to your regular income tax, and it is also in addition to any alternative minimum tax. Installment sale - Anderson Advisors Apr 21, 2015 · Surtax on net investment income – Tax law treats capital gains (other than those derived from a trade or business) as investment income upon which higher-income taxpayers are subject to a 3.8% surtax on net investment income. A large gain generally pushes a taxpayer’s income over the threshold for this tax. Applying the New Net Investment Income Tax to Trusts and ... The accumulated net investment income of a charitable remainder trust is the total amount of net investment income the trust received for all tax years beginning after Dec. 31, 2012, less the total amount of net investment income distributed for all prior tax years of the trust that began after Dec. 31, 2012. Why You're Stuck Paying This Hated Tax ... - The Motley Fool
How to avoid the surtax on investment income - MarketWatch May 02, 2015 · The net investment income tax, or NIIT, is actually a 3.8% Medicare surtax on investment income. It first took effect in 2013. So after filing your 2014 return, you’ve experienced the joys of Medicare surtax on investment income | Vanguard