3.8% Medicare Tax on Net Investment Income
Hypothetical:
$100,000 for yearly pension
$400,000 for yearly withdrawal from Traditional/Rollover IRA
Tax Status: Filing Jointly
My question is:
Does the money distributed from the IRA constitute a "Net Investment Income" as described for the 3.8% Medicare Tax?
If it does, would it be paid on the amount over $250,000?