Update – Rising cap gains – pay now or later

I have attached a little more detail on how the new Medicare tax is calculated. The 3.8% is assessed on the lesser of net investment income or the excess of MAGI over certain thresholds ($250,000 for married, $200,000 single, and $125,000 filing separate). Distributions from retirement accounts are not included as income for purposes of the threshold.

Medicare Tax on Unearned Income

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