Melody and Todd are married and have employee wages of $250,000 each in 2014. They have no

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Melody and Todd are married and have employee wages of $250,000 each in 2014. They have no other income. How much additional 0.9% Medicare surtax will Melody and Todd have to pay or receive as a refund when they file their 2014 income tax return?
Select one:
a. $1,350 will be refunded with their return.
b. $1,350 will be due with their return in addition to amounts withheld.
c. $900 will be refunded with their return.
d. $3,600 will be due with their return in addition to amounts withheld.
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Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

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

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