Miguel, single, earned $210,000 net income from his sole proprietorship in 2013. He also had the following

Question:

Miguel, single, earned $210,000 net income from his sole proprietorship in 2013. He also had the following additional types of income: $30,000 net short-term capital gain on sale of stock, $8,000 income, and $7,000 interest income from corporate bonds. Miguel also had $3,000 of deductible investment expenses. Compute Miguel's Medicare surtaxes.
Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...