Federal Tax on Investment income

This office does not provide tax advice and this is not really a brand new topic but I wanted to remind some successful investors that  the Federal Government implemented a 3.8 percent tax on certain investment income that could affect some real estate investors. The new tax was effective January 1, 2013. This tax was related to the health care and Medicaid overhaul  in 2010. This could have some impact on investors with adjusted gross incomes of $200,000 for individuals and $250,000 for couples . I urge you to see your tax adviser if you have questions about this tax, which some people refer to as " The Medicare Tax".