Section 1411: Medicare Tax on Net Investment Income

Date

May 20, 2014

The Affordable Care Act imposed a new 3.8% Medicare tax on investment income starting in 2013. This session will help you navigate this troublesome tax and explore top planning ideas you can use right now. We’ll identify the components of net-investment income and dive into the most complicated areas. You’ll come away with strategies to help reduce your clients’ tax bills. Also in this session:
• Determine which net-investment income is subject to the 3.8% tax
• Identify deductible investment expenses
• Determine what is — and what is not — investment income
• Determine when retirement plan distributions are not included in net-investment income
• Calculate the 3.8% Medicare tax on trust’s net-investment income
• Implement planning ideas to avoid net-investment income

Speaker

Karen Brosi Enrolled Agent

Owner, Karen Brosi, EA, CFP, a LLC

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