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|Subject: Obamacare-IRS-Taxes||Date: 12/4/2012 9:04 AM|
|Author: tjscott0||Number: 658177 of 847026|
IRS aims to clarify investment income tax under healthcare law
The Internal Revenue Service has released new rules for investment income taxes on capital gains and dividends earned by high-income individuals that passed Congress as part of the 2010 healthcare reform law.
The 159 pages of rules spell out when the tax applies to trusts and annuities, as well as to individual securities traders.
There's a whole lot of clarification going on out there.<grin>
Same olde s**t.
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