Compute the additional Medicare tax for the following taxpayers. If required, round your answers to the nearest dollar. a. Marlo, who is single, earns wages of $327,400. His additional Medicare tax is $ 4,764 b. George and Shirley are married and file a Joint return. During the year, George earns wages of $239,200, and Shirley earns wages of $358,800. Their additional Medicare tax is s C. Simon has net investment income of $45,960 and MAGI of $229,800 and files as a single taxpayer, Simon's additional Medicare tax is S
Compute the additional Medicare tax for the following taxpayers. If required, round your answers to the nearest dollar. a. Marlo, who is single, earns wages of $327,400. His additional Medicare tax is $ 4,764 b. George and Shirley are married and file a Joint return. During the year, George earns wages of $239,200, and Shirley earns wages of $358,800. Their additional Medicare tax is s C. Simon has net investment income of $45,960 and MAGI of $229,800 and files as a single taxpayer, Simon's additional Medicare tax is S
Chapter13: Tax Credits And Payment Procedures
Section: Chapter Questions
Problem 23CE
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ISBN:
9780357109731
Author:
Hoffman
Publisher:
CENGAGE LEARNING - CONSIGNMENT