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3.8% Investment Tax - Effective January 2013

Applies to: ! Individuals with adjusted gross income (AGI) above $200,000

 Couples filing a joint return with more than $250,000 AGI

Types of Income: Interest, dividends, rents (less expenses), capital gains

(less capital losses)

Formula: " e new tax applies to the LESSER of

" Investment income amount

" Excess of AGI over the $200,000

or $250,000 amount


For complete details and examples please see the attached brochure....this does not apply to all real estate transactions...only some. 


Jon Becker - Century 21 Northland-Traverse City real estate agent








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