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Learn about the Additional Medicare Tax that applies to certain income over certain thresholds. Find out who is liable, how to withhold, calculate, report and claim a refund of this tax.
- Topic no. 560, Additional Medicare tax
All Medicare wages, railroad retirement (RRTA) compensation,...
- Topic no. 560, Additional Medicare tax
3 lip 2024 · Learn about the 0.9% Additional Medicare tax that applies to certain income exceeding certain thresholds based on filing status. Find out how to calculate, withhold, report, and pay this tax, and get additional information and resources.
1 kwi 2024 · Learn about the Additional Medicare Tax, a 0.9% surcharge on high-income earners that helps pay for some Affordable Care Act benefits. Find out who pays it, how it's calculated, and what it covers.
31 sie 2022 · The additional Medicare tax is 0.9%, but it doesn’t apply to everyone like standard Medicare tax does. You’ll only have to pay the additional tax if your income surpasses a specific threshold. Knowing how it’s calculated, along with what the additional tax pays for, can help you understand the functionality and reasoning behind the ...
24 lip 2024 · Learn about the additional Medicare tax of 0.9% that applies to higher income earners in the U.S. Find out who is liable, how it is calculated, and what it funds for Medicare and health insurance.
22 sty 2024 · Learn what Medicare tax is, who pays it, and how it funds Medicare Part A. Find out about the additional Medicare tax and the net investment income tax that apply to high earners.
Income up to a threshold amount is subject to the “regular” Medicare tax. Under the Affordable Care Act, taxpayers who earn above a set income level (depending on filing status) pay 0.9% more into Medicare on top of the regular contribution. This extra tax is called the Additional Medicare Tax.
