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Adjusted Gross Income Assignment

Author:
February 20th, 2020
A husband and wife who earned Box 5 Medicare wages of $175,000 and $125,000, respectively. Determine the amount of withholding for the Additional Medicare Tax and the amount of tax that they would owe on their final Form 1040. & ė jio 59. T 53.
A single taxpayer has $150,000 in wages and $180,000 in net self-employment income. What is the amount of Additional Medicare Tax that would be due on Form 1040 for the year? 54. What is the amount of the net investment income tax for a single individual that has $250 non of modified adjusted gross income? .

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