Category Archives: Income Taxes

Landlord’s 3.8% medicare tax example

example calculation for Illinois landlord subject to 3.8% obamacare medicare tax on investment income and rental property

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Now that the election is over… let’s talk about that 3.8% Medicare tax

Patient Protection and Affordable Care Act 3.8% medicare tax on investment income related to landlords in Chicago Illinois

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New 1099-MISC Reporting Requirements and Possible Relief

landlords must now provide 1099-M forms to providers of goods and services. Congress is readying a law to provide relief from that reporting burden.

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