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
Fortunately, true to the Tale of the Magi, Jesus remained in the manger and out of a cross-town pursuit.
FORBES: Adore him but don't steal him: Your neighborhood Baby Jesus might be packing a GPS device
Gold, frankincense and myrrh were the three gifts the Magi gave to Jesus.
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.
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.
Along with Guillermo del Toro and Peter Jackson, Burton is one of the few magi who know what can be dredged up, even now, from the cauldron of special effects.
It was the last time Magi Bish would see her daughter alive.
Oh the other hand, an increase in MAGI does not necessarily always increase the amount subject to the 3.8% Medicare Surtax.
Thus, despite the fact that Hansel has both net investment income and MAGI in excess of his applicable threshold, he does not owe the 3.8% on all of his investment income.
FORBES: Overview Of The New 3.8% Investment Income Tax, Part 1
Magi Bish couldn't get the man in the white car out of her mind.
Any further increases in MAGI beyond that point will not change the amount of 3.8% Medicare Surtax liability.
Judge Oscar Magi ruled Berlusconi's testimony is admissible at the trial, essentially giving defense attorneys the right to call the premier to the witness stand, said the court official, who was not authorized to speak with the media.
Magi also ruled that former prime minister Romano Prodi may also be called to the witness stand.
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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