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need help with these three tax questions. 5. A married couple making over $250,000 per year in wages, compensation and selfemployment income is subject to
need help with these three tax questions.
5. A married couple making over $250,000 per year in wages, compensation and selfemployment income is subject to an additional Medicare tax of:. % on those earning above $250,000. 9. A taxpayer may appeal a ruling of the Small Cases Division of the U.S. Tax Court to a higher court? [TRUE] [FALSE] 10. If a taxpayer discovers a valuable asset such as a valuable painting or treasure on/in property that they have purchased, what would be the taxable amount: a.) Zero, not a taxable event b.) The appraised value of the discovery c.) The face value of the discovery d.) The amount you received for the discovery less the cost of the property Step by Step Solution
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