Tax Law

Tax Planning for Retirees, authored by Vorris J. Blankenship - Net Investment Income and Tax Relief: FREE DOWNLOAD

Note: Chapter 17 of Tax Planning for Retirees is to be shipped this June

Relief from the Tax on Net Investment Income (§ 17.07)

[1] Taxable Amount Limited by a Threshold

To help fund Medicare and other government healthcare subsidies, Congress has imposed a 3.8 percent tax on net investment income for years after 2012 (but provided some significant relief for retirees).1 The investment tax applies to the lesser of (1) net investment income or (2) the excess of modified adjusted gross income over a threshold amount ... View the entire document here.


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  • Anonymous

    As said tax planning with proper investment plan will save a lot of our money. Thanks for the information and do add up more info on tax savings and tax planning methods..