Question
Compute the additional Medicare tax for the following taxpayers. If required, round your answers to the nearest dollar. a. Mario, who is single, earns wages
Compute the additional Medicare tax for the following taxpayers. If required, round your answers to the nearest dollar.
a. Mario, who is single, earns wages of $516,600 in 2018. His total Medicare tax is $___________?
b. George and Shirley are married and file a joint return in 2018. During the year, George earns wages of $198,900, and Shirley earns wages of $298,350. Their total Medicare tax is $___________?
c. Simon has net investment income of $47,080 and MAGI of $235,400 and files as a single taxpayer. Simon's additional Medicare tax is $___________?
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