Updated Wednesday, June 19, 2013 as of 1:19 PM ET
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IRS Surtax Aims to Boost Medicare
Donald Jay Korn
In January, the fabled 3.8% surtax on investment income becomes law. This surtax, included in health care legislation to bolster Medicare’s finances, is based on two key numbers. The IRS has just issued proposed regulations on one of those numbers: net investment income.
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