{"id":784,"date":"2014-02-03T11:58:27","date_gmt":"2014-02-03T19:58:27","guid":{"rendered":"http:\/\/springwaterwealth.com\/?p=784"},"modified":"2014-02-03T11:58:27","modified_gmt":"2014-02-03T19:58:27","slug":"understanding-the-new-net-income-investment-tax","status":"publish","type":"post","link":"https:\/\/springwaterwealth.com\/understanding-the-new-net-income-investment-tax\/","title":{"rendered":"Understanding the New Net Income Investment Tax"},"content":{"rendered":"<p>On March 23, 2010, President Obama signed into law the Patient Protection and Affordable Care Act, also referred to as the ACA or Obamacare.<\/p>\n<p>Among its provisions, the ACA includes a new 3.8% tax on net investment income that is applied to individual taxpayers beginning January 1, 2013.<\/p>\n<p>In a nutshell, the 3.8% tax is applied to the lesser of: (a) your net investment income, as defined, and (b) the excess of your &#8220;modified adjusted gross income&#8221; over an applicable threshold.<\/p>\n<p>On December 4, 2013 Forbes published an excellent summary of the new law, including several sample calculations and a Q&amp;A. You can read the entire article <a href=\"http:\/\/www.forbes.com\/sites\/anthonynitti\/2013\/12\/04\/the-definitive-questions-and-answers-on-the-new-net-investment-income-tax-updated-for-final-regulations\/\" target=\"_blank\" rel=\"noopener noreferrer\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On March 23, 2010, President Obama signed into law the Patient Protection and Affordable Care Act, also referred to as the ACA or Obamacare. Among its provisions, the ACA includes a new 3.8% tax on net investment income that is applied to individual taxpayers beginning January 1, 2013. In a nutshell, the 3.8% tax is [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_mi_skip_tracking":false,"footnotes":""},"categories":[3,9,11],"tags":[107,132,136],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/springwaterwealth.com\/wp-json\/wp\/v2\/posts\/784"}],"collection":[{"href":"https:\/\/springwaterwealth.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/springwaterwealth.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/springwaterwealth.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/springwaterwealth.com\/wp-json\/wp\/v2\/comments?post=784"}],"version-history":[{"count":0,"href":"https:\/\/springwaterwealth.com\/wp-json\/wp\/v2\/posts\/784\/revisions"}],"wp:attachment":[{"href":"https:\/\/springwaterwealth.com\/wp-json\/wp\/v2\/media?parent=784"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/springwaterwealth.com\/wp-json\/wp\/v2\/categories?post=784"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/springwaterwealth.com\/wp-json\/wp\/v2\/tags?post=784"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}