KSWO brings you the latest local, state and national health news on MedWatch. During the evening broadcast, MedWatch reporter, Haley Wilson, informs you about new advances in medications, tests and procedures to diagnose and treat all types of illnesses.
If you are an individual who is exempt from Medicare taxes, you still may be subject to the Net Investment Income Tax if you have Net Investment Income and also have modified adjusted gross income over the applicable thresholds.
The investment management (AUM) fee will be deductible, and the financial planning fees will not (though in theory the advisor could document that some portion of the financial planning fee is allocable to tax-deductible income and estate tax planning advice).he investment management (AUM) fee will be deductible, and the financial planning fees will not (though in theory the advisor could document that some portion of the financial planning fee is allocable to tax-deductible income and estate tax planning advice).