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Tax

 

Tax – 3.8% surtax on “unearned income”

20 Nov, by Jschultz in Tax

In tax years beginning after 2012, certain unearned income for married individuals whose Modified Adjusted Gross income is in excess of $250,000 will be subject to a 3.8% surcharge on that type of income. The surcharge is only applied to the unearned income that is…