Boyd Salzer, an unmarried individual, has $231,750 AGI consisting of the following items: Salary Interest income Dividend income Rental income from real property Required: $ 204,000 5,350 8,550 13,850 a. Compute Mr. Salzer's Medicare contribution tax. b. Compute the Medicare contribution tax if Boyd Salzer files a joint income tax return with his wife, Harriet.

SWFT Comprehensive Volume 2019
42nd Edition
ISBN:9780357233306
Author:Maloney
Publisher:Maloney
Chapter3: Computing The Tax
Section: Chapter Questions
Problem 18CE
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Boyd Salzer, an unmarried individual, has $231,750 AGI consisting of the following items:
Salary
Interest income
Dividend income
Rental income from real property
Required:
$ 204,000
5,350
8,550
13,850
a. Compute Mr. Salzer's Medicare contribution tax.
b. Compute the Medicare contribution tax if Boyd Salzer files a joint income tax return with his wife, Harriet.
× Answer is complete but not entirely correct.
Complete this question by entering your answers in the tabs below.
Required A Required B
Compute Mr. Salzer's Medicare contribution tax.
Note: Round your answer to the nearest whole dollar amount.
Medicare contribution tax
$
1,206 x
Transcribed Image Text:Boyd Salzer, an unmarried individual, has $231,750 AGI consisting of the following items: Salary Interest income Dividend income Rental income from real property Required: $ 204,000 5,350 8,550 13,850 a. Compute Mr. Salzer's Medicare contribution tax. b. Compute the Medicare contribution tax if Boyd Salzer files a joint income tax return with his wife, Harriet. × Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required A Required B Compute Mr. Salzer's Medicare contribution tax. Note: Round your answer to the nearest whole dollar amount. Medicare contribution tax $ 1,206 x
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