Boyd Salzer, an unmarried individual, has $226,400 AGI consisting of the following items: Salary Interest income $189,500 7,150 12,400 17,350 Dividend income Rental income from real property Required: 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 Individual Income Taxes
43rd Edition
ISBN:9780357391365
Author:YOUNG
Publisher:YOUNG
Chapter5: Gross Income: Exclusions
Section: Chapter Questions
Problem 6BCRQ
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Boyd Salzer, an unmarried individual, has $226,400 AGI consisting of the following items:
Salary
Interest income
$189,500
7,150
12,400
17,350
Dividend income
Rental income from real property
Required:
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.
Transcribed Image Text:Boyd Salzer, an unmarried individual, has $226,400 AGI consisting of the following items: Salary Interest income $189,500 7,150 12,400 17,350 Dividend income Rental income from real property Required: 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.
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