I’m putting my house on the market at the end of March, and was scouring for details. Thanks, I’m relieved not to be getting another cost hit, the insurance itself is bad enough. I don’t know how a lot of people are going to hold it together, it’s going to be a huge ongoing hit to discretionary spending because they just won’t have much left.
Check out the details on the IRS website, a more reliable place for info, than posters anywhere, including FR:
http://www.irs.gov/uac/Newsroom/Net-Investment-Income-Tax-FAQs
Still Thinking may be well intentioned but he is not correct.