3.8% Surtax and Sale of a Personal Residence

There is an email making the rounds that says that the sale of your personal residence will be subject to the 3.8% surtax. It states that on a home sale of $200,000 the tax will be $7,600! Can this be true? Well let’s tear it apart. The 3.8% surtax will apply to unearned income. A […]