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For year-end tax planning, remember new Medicare tax begins in 2013

There are few certainties for year-end tax planning this year, but if you’re a wealthy investor there is one sure thing: the new Medicare tax, slated to begin in 2013.

Part of the 2010 health care reform law, it is a 3.8 percent tax on investment income for individuals with adjusted gross income above $200,000, or $250,000 for married couples filing jointly.

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