Married taxpayers Otto and Ruth are both self-employed and file a joint return. Otto earns $424,800 of

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Married taxpayers Otto and Ruth are both self-employed and file a joint return. Otto earns $424,800 of self-employment income and Ruth has a self-employment loss of $33,500. How much Medicare surtax for high income taxpayers will Otto and Ruth have to pay with their 2014 income tax return? If required, round your final answer to nearest whole dollar.
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Income Tax Fundamentals 2017

ISBN: 9781305872738

35th Edition

Authors: Gerald E. Whittenburg, Steven Gill, Martha Altus Buller

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