On page 1 you will find an overview of the netinvestmentincometax regulations, complete with key definitions and the mechanical application of the tax.
One new piece of tax legislation of particular interest that will be the focus of this and the next several posts is the new 3.8% netinvestmentincometax.
It begins with a 15% flat rate, but taxpayers who cross certain income thresholds owe more because of the 3.8% netinvestmentincometax, the Pease limit and the Personal Exemption Phaseout, or PEP, a backdoor increase that limits personal exemptions.