Project Description

The Code Sec. 1411 surtax on the unearned income of higher-income individuals, which just went into effect last year, is likely to play a more prominent role in year-end planning and tax planning in general now that taxpayers and their advisors have a firmer grasp on the mechanics of the surtax and who is most likely to be impacted by it. This article (Net-investment-income-tax.pdf) provides an overview of how the surtax works, as well as a number of techniques to potentially reduce or avoid it.