Question
Tax Drill - Medicare Taxes Assessed on High-Income Individuals Compute the additional Medicare tax for the following taxpayers. If required, round your answers to the
Tax Drill - Medicare Taxes Assessed on High-Income Individuals
Compute the additionalMedicare tax for the following taxpayers. If required, round your answers to the nearest dollar.
a. Mario, who is single, earns wages of $440,000 in 2019. His additional Medicare tax is $.
b. George and Shirley are married and file a joint return in 2019. During the year, George earns wages of $138,000, and Shirley earns wages of $210,000. Their additional Medicare tax is $.
c. Simon has net investment income of $38,000 and MAGI of $223,000 and files as a single taxpayer. Simon's additional Medicare tax is $.
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