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Loudly

(2,436 posts)
18. According to Forbes:
Wed Oct 9, 2013, 10:19 PM
Oct 2013

(If you are coming to DU for tax advice, then this almost certainly doesn't apply to you.)

There are two taxes for individuals who make adjusted gross income over $200,000 and couples who make over $250,000. So these taxes hit only the top earning 2% to 3% of filers.

One tax is a 3.8% tax on “unearned” income over the $200,000/$250,000 threshold. This is income on interest, dividends, capital gains, net rents, royalties, and annuities. Remember, the extra tax is only on the amount above the $200,000/$250,000 threshold.

The other tax is an additional 0.9% Medicare tax on “earned” income over the $200,000/$250,000 threshold.

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