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 $307,600. His additional Medicare tax is $276,840 b. George and Shirley are married and file a joint return. During the year, George earns wages of $276,400, and Shirley earns wages of $414,600. Their additional Medicare tax is $

SWFT Individual Income Taxes
43rd Edition
ISBN:9780357391365
Author:YOUNG
Publisher:YOUNG
Chapter13: Tax Credits And Payment Procedures
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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 $307,600.
His additional Medicare tax is $276,840
b. George and Shirley are married and file a joint return. During the year, George earns
wages of $276,400, and Shirley earns wages of $414,600.
Their additional Medicare tax is $
c. Simon has net investment income of $59,960 and MAGI of $299,800 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 $307,600. His additional Medicare tax is $276,840 b. George and Shirley are married and file a joint return. During the year, George earns wages of $276,400, and Shirley earns wages of $414,600. Their additional Medicare tax is $ c. Simon has net investment income of $59,960 and MAGI of $299,800 and files as a single taxpayer. Simon's additional Medicare tax is $
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