Christine and Doug are married. In 2022, Christine earns a salary of $250,000 and Doug earns a

Question:

Christine and Doug are married. In 2022, Christine earns a salary of $250,000 and Doug earns a salary of $50,000. They have no other income and work for the same employers for all of 2022. How much 0.9 percent Medicare tax for high-income taxpayers will Christine and Doug have to pay with their 2022 income tax return?

a. $450

b. $900

c. $2,700

d. None

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Income Tax Fundamentals 2023

ISBN: 9780357719527

41st Edition

Authors: Gerald E. Whittenburg, Steven Gill

Question Posted: