3.8% Net Investment Income Tax Regulations
The IRS issued final and proposed regulations giving guidance on the application and computation of the 3.8% net investment income tax imposed by Sec. 1411
Published on February 04, 2014
3.8% of What An Overview of the Net Investment Income Tax
Thee IRS issued proposed regulations for the net investment income tax under Sec. 1411 that went into effect on Jan. 1, 2013. At the same time, the IRS released a list of frequently asked questions concerning the net investment income tax.
Published on April 01, 2013
3.8% Healthcare Surtax Sample Client Letter
Customize this letter to your clients to illustrate issues and planning strategies with the Medicare surtax. it is a letter for clients that will provide help with the coming tax changes.
Published on August 31, 2012
The 3.8% Medicare Tax Proposed Regulations Guidance or More Questions
This item discusses provisions addressed in the 3.8% Medicare tax proposed regulations pertaining to the definition of business income as net investment income, grouping of activities, and treatment of the sale of S corporation stock and...
Published on April 01, 2013
Prop. Regs. Govern 3.8% Net Investment Income Tax
The IRS released proposed regulations governing the 3.8% net investment income tax imposed under Sec. 1411
Published on January 31, 2013
Planning for the New 3.8% Medicare Tax on Unearned Income
Effective in 2013, the Health Care and Education Reconciliation Act of 2010 will subject some individuals to a 3.8% Medicare contribution tax on unearned income. This article discusses strategies taxpayers can use to minimize the tax
Published on June 30, 2011
Planning for the Parallel Universe of the Net Investment Income Tax
This article examines how to determine the new surtax on net investment income that, like alternative minimum taxable income, effectively creates another tax base in addition to taxable income.
Published on July 31, 2014
IRS Once Again Confirms Unfavorable Position on Material Participation Standard for Trusts
Sec. 1411(a)(2) imposes a tax of 3.8% on estates and trusts on the lesser of their undistributed net investment income or the excess of their adjusted gross income over the dollar amount at which the...
Published on July 31, 2013
Applying the New Net Investment Income Tax to Trusts and Estates
This article discusses how the new 3.8% net investment tax applies to trusts and estates
Published on April 30, 2013
Impact of Sec. 1411 on S Corporations and Their Shareholders
One of the more significant changes to the tax landscape in recent years is the new 3.8% tax on net investment income under Sec. 1411. This tax, which was further clarified in recently finalized regulations, will affect many entities and taxpayers including S corporations and...
Published on March 31, 2014