Refresher on the NIIT & Planning Around 3.8% Medicare Tax

While the new Treasury Regulations helped clarify some issues, there have been far more questions than answers in dealing with the NIIT. During this session, we will cover some of the more difficult issues and the numerous questions raised regarding application of the NIIT, including the following:

• Taxation of Trusts and Estates;
• The Material Participation Standard;
• Re-Grouping;
• The Real Estate Professional Exception;
• The Self-Rental Rule;
• State Income Tax Deductions;
• Applying the Section 67 and Section 68 Limitations; and
• Loss Deductions.

Attending this session will provide you with the knowledge you need to apply these more difficult rules under the NIIT to your clients’ specific situations.