Tax Concepts
Additional Medicare Tax
An extra 0.9% Medicare tax on wages and self-employment income above $200,000 (single) or $250,000 (married filing jointly). Applies on top of the regular 2.9% Medicare portion of SE tax or payroll tax.
An extra 0.9% Medicare tax on wages and self-employment income above $200,000 (single) or $250,000 (married filing jointly). Applies on top of the regular 2.9% Medicare portion of SE tax or payroll tax.