Biden Budget Boosts Health Subsidies, Broadens Net Investment Income Tax

Link: https://www.thinkadvisor.com/2021/06/01/biden-budget-boosts-health-subsidies-broadens-net-investment-income-tax/

Excerpt:

The current, emergency health insurance premium tax credit subsidy levels would become permanent.

Either the net investment income tax or self-employment tax would apply to all individual income over $400,000.

The definition of net investment would expand.

Author(s): Allison Bell

Publication Date: 1 June 2021

Publication Site: Think Advisor