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<blockquote data-quote="moreluck" data-source="post: 3320867" data-attributes="member: 1246"><p>The net investment income tax is just one example of the complicated nature of the U.S. tax laws. The NIIT was a surtax that was created as part of the Patient Protection and Affordable Care Act, taking effect in 2013 and supplementing the revenue from Medicare payroll taxes on earned income by broadening its effective reach to unearned investment income.</p><p></p><p>This is the $10,000 we were required to pay.</p></blockquote><p></p>
[QUOTE="moreluck, post: 3320867, member: 1246"] The net investment income tax is just one example of the complicated nature of the U.S. tax laws. The NIIT was a surtax that was created as part of the Patient Protection and Affordable Care Act, taking effect in 2013 and supplementing the revenue from Medicare payroll taxes on earned income by broadening its effective reach to unearned investment income. This is the $10,000 we were required to pay. [/QUOTE]
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