Materials needed: Sit and Reach boxes with yardstick taped on (9â should be sticking out. from the edge and the zero end should be nearest the student). FZ Girls: HFZ Boys: 8 yrs old = 9â 8-11 yrs old = 8â. 9 yrs old = 9â.
The net investment income tax is a surtax at a rate of 3.8% on a base of income that is the lesser of one's: 1  Modified adjusted gross income over the threshold amount, or. 2  Net investment income.
You will owe the 3.8% Medicare tax on all $150,000 of your net investment income because that amount is the lesser of: (1) your excess MAGI of $200,000 ($450,000 - $250,000 threshold for joint filers) or (2) your net investment income of $150,000. Your bill for the 3.8% tax will be $5,700 (3.8% x $150,000).