Having said this, the 3.8% Medicare Surtax applies to rental real estate activities in a slightly different manner than the general income tax rules (i.e. those under Code Chapter One) do.
In addition, e-books will let us access a single chapter or even a single page, while the ability to provide regular updates will enable an ongoing relationship with the reader, especially in many nonfiction subjects.
However, taxpayers should note that Code Sec. 1411 is to follow normal income tax rules (i.e. rules that a tax lawyer or accountant might refer to as tax rules under chapter one of the Internal Revenue Code), so for ease of calculation, what is exempted from the regular income tax, such as tax-exempted mutual bonds, are also excluded from the NII sum.