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Affordable Care Act - Individuals

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  4. Does the Net investment Income Tax apply to Estates and Trusts?

Does the Net investment Income Tax apply to Estates and Trusts?

Yes, The 3.8% surtax is levied on the lesser of net investment income or the excess of modified adjusted gross income over $11,950 for estate and trusts. The new tax will be calculated on new IRS Form 8960 and transfer to Form 1041, Schedule G, line 4.

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