Compute the additional Medicare tax for the following taxpayers. If required, round your answers to the nearest dollar. a. Mario, who is single, earns wages of $466,000 in 2018. His total Medicare tax is $ b. George and Shirley are married and file a joint return in 2018. During the year, George earns wages of $220,600, and Shirley earns wages of $330,900. Their total Medicare tax is s c. Simon has net investment income of $49,320 and MAGI of $246,600 and files as a single taxpayer. Simon's additional Medicare tax is $

icon
Related questions
Question

Subject - account 

Please help me. 

Thankyou. 

Compute the additional Medicare tax for the following taxpayers. If required, round your answers to the nearest dollar.
a. Mario, who is single, earns wages of $466,000 in 2018.
His total Medicare tax is $
b. George and Shirley are married and file a joint return in 2018. During the year, George earns wages of $220,600, and Shirley earns
wages of $330,900.
Their total Medicare tax is $
c. Simon has net investment income of $49,320 and MAGI of $246,600 and files as a single taxpayer.
Simon's additional Medicare tax is $
Transcribed Image Text:Compute the additional Medicare tax for the following taxpayers. If required, round your answers to the nearest dollar. a. Mario, who is single, earns wages of $466,000 in 2018. His total Medicare tax is $ b. George and Shirley are married and file a joint return in 2018. During the year, George earns wages of $220,600, and Shirley earns wages of $330,900. Their total Medicare tax is $ c. Simon has net investment income of $49,320 and MAGI of $246,600 and files as a single taxpayer. Simon's additional Medicare tax is $
Expert Solution
steps

Step by step

Solved in 3 steps

Blurred answer