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Estate Planning

: North Carolina Estate Planning Blog

Update on Health Care Surtax

By Greg Herman-Giddens

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The Reconciliation Bill (H.R. 4872),  which passed the House and has gone to the Senate contains a 3.8% surtax on investment income for single taxpayers with modified adjusted gross income (MAGI) over $200,000, and married taxpayers with MAGI over $250,000.  The tax, which will begin in 2013, is levied on interest, dividends, rents, royalties and capital gains, beginning in 2013, but not retirement benefits.

Full post as published by North Carolina Estate Planning Blog on March 22, 2010 (boomark / email).

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