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2013 Brings New Taxes to High Income Taxpayers



by Jonathan R. Flora
Schnader Harrison Segal & Lewis LLP - San Francisco Office

December 28, 2012

Previously published on December 27, 2012

The new year brings two new taxes to high income taxpayers: a 3.8 percent Medicare contribution tax on net investment income, and a 0.9 percent additional Medicare tax on wages and self employment income. This Alert describes their potential impact.


 

The views expressed in this document are solely the views of the author and not Martindale-Hubbell. This document is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance.
 

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