(a) The Patient Protection and Affordable Care Act, starting in 2013, imposes an additional 3.8 percent surtax on the lesser of :
-net investment income,
-the excess of the taxpayer's modified AGI over $200,000 (single filers) or $250,000 (joint filers.)
This threshold is based on adjusted gross income, rather than, as with the above rates, taxable income, so it's conceivable that taxpayers in the lower marginal tax brackets could still be subject to the surtax if their AGI is over the threshold but they have lots of itemized deductions. If a taxpayer is in the 35 percent or 39.6 percent bracket, he or she will be definitely subject to the surtax, so it is included in the rate shown for those brackets.
I was looking up tax brackets for some things and ran into this... Pretty shit. You won't see those numbers increase. Most every professional will be making 200k in a few years. I love how every year I'm alive it's harder to achieve what someone 10-70 years younger was able to achieve.
January 1, 2008 – December 31, 2012 If and Seller’s Marginal Income Tax Rate the Year of Sale Is Seller Had Owned the Asset for 10% 15% 25% 28% 33% 35% then the Tax Rate on the Capital Gain Is Less Than 1 Year 10% 15% 25% 28% 33% 35% 1 Year or More 0% 0% 15% 15% 15% 15% Note: The rate remains 28 percent for long-term gains from sales of art works and other collectibles. January 1, 2013 - If and Seller’s Marginal Income Tax Rate the Year of Sale Is Seller Had Owned the Asset for 10% 15% 25% 28% 33% 35% 39.6% then the Tax Rate on the Capital Gain Is Less Than 1 Year 10% (a) 15% (a) 25% (a) 28% (a) 33% (a) 38.8% 43.4% 1 Year or More 0% (a) 0% (a) 15% (a) 15% (a) 15% (a) 18.8% 23.8%