a. Mario, who is single, earns wages of $490,200. His additional Medicare tax is $ b. George and Shirley are married and file a joint return. During the year, George earns wages of $298,100, and Shirley earns wages of $447,150. Their additional Medicare tax is $ c. Simon has net investment income of $56,880 and MAGI of $284,400 and files as a single taxpayer. Simon's additional Medicare tax is $

a. Mario, who is single, earns wages of $490,200. His additional Medicare tax is $ b. George and Shirley are married and file a joint return. During the year, George earns wages of $298,100, and Shirley earns wages of $447,150. Their additional Medicare tax is $ c. Simon has net investment income of $56,880 and MAGI of $284,400 and files as a single taxpayer. Simon's additional Medicare tax is $

SWFT Individual Income Taxes

43rd Edition

ISBN:9780357391365

Author:YOUNG

Publisher:YOUNG

Chapter13: Tax Credits And Payment Procedures

Section: Chapter Questions

Problem 23CE

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