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Peter Johnson had $120,000 taxable income. What amount is subject to the continuing Medicare tax?$18,000$120,000$102,000 What is the percentage tax rate for this amount for

Peter Johnson had $120,000 taxable income.

What amount is subject to the "continuing" Medicare tax?$18,000$120,000$102,000

What is the percentage tax rate for this amount for a self employed person?1.4%7.65%2.9%

What amount does this represent?

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