Heather, a head of household, received a salary of $198,000 in 2013. She also had following additional

Question:

Heather, a head of household, received a salary of $198,000 in 2013. She also had following additional types of income: $20,000 net long-term capital gain from the sale of stock, $4,000 income, $5,000 interest income from corporate bonds, and $3,000 interest income from tax-exempt municipal bonds. Compute Heather's Medicare surtaxes.
Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...