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Gains on real estate included medicare tax

By Jay Heflin - 03/18/10 03:38 PM ET

Gains made on the sale of a home could be subjected to the medicare tax on unearned income provision that is contained in the health reform bill, sources say. 

This means a $100,000 gain on the sale of a home would create a $3,800 tax liability to the seller. 

Real estate lobbyists are amounting an offensive as this post is being written. 


Source:
http://thehill.com/blogs/on-the-money/domestic-taxes/87699-gains-on-real-estate-included-medicare-tax

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