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This means that as MAGI increases, when MAGI above a threshold surpasses the amount of NII that the taxpayer has, then the 3.8% Medicare Surtax switches over and instead of being applied on the adjusted MAGI amount, it is now applied on the NII amount.
FORBES: Managing the Impact of the 3.8% Medicare Surtax: Understanding the Relationship between NII and MAGI
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Her mother, Magi Bish, saw a man in a white car as she dropped Molly off on the morning of June 27, 2000.
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For each taxable year, the MAGI, after being reduced by a fixed threshold, is compared to NII.
FORBES: What the New 3.8% Medicare Surtax Means for You And Your Investments
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Fortunately, true to the Tale of the Magi, Jesus remained in the manger and out of a cross-town pursuit.
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They serve as visual trance music while telling, with a surprising, de-dramatized simplicity, a tale of vast mythopoetic scope the journey of the Three Magi and their adoration of the infant Christ.
NEWYORKER: Birdsong