LD 570 – LD 570 An Act To Provide for Fairness in the Taxation of Extraordinary and Unearned Income by Establishing a 3 Percent Surcharge on Net Capital Gains and Dividends Income over $250,000 for Taxpayers Filing Single or Married Separate Returns and over $500,000 for Taxpayers Filing Joint Returns

Rep. Berry-D This bill imposes an income tax surcharge on the portion of a taxpayer’s taxable income that exceeds the lesser of the taxpayer’s taxable income from net capital gains and dividends and the amount by which the taxpayer’s taxable income exceeds $250,000 for persons filing returns as single individuals or married individuals filing separately, $375,000 for persons filing returns as heads of households or $500,000 for persons filing married joint returns or as surviving spouses.
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