The Internal Revenue Service has released final regulations for the Net Investment Income Tax that was included in the Affordable Care Act.

The 3.8 percent tax took effect on Jan. 1, 2013 and applies to individuals, estates and trusts that have certain investment income above certain threshold amounts. On Tuesday, the IRS and the Treasury Department issued final regulations providing guidance on the general application of the Net Investment Income Tax and the computation of Net Investment Income.

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