Married taxpayers Otto and Ruth are both self-employed. Otto earns $352,000 of self employment income and Ruth
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Married taxpayers Otto and Ruth are both self-employed. Otto earns $352,000 of self employment income and Ruth has a self-employment loss of $13,500. How much 0.9 percent Medicare tax for high-income taxpayers will Otto and Ruth have to pay with their 2020 income tax return?
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Related Book For 
Income Tax Fundamentals 2021
ISBN: 9780357141366
39th Edition
Authors: Gerald E. Whittenburg, Martha Altus-Buller, Steven Gill
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