Married taxpayers Otto and Ruth are both self-employed and file a joint return. Otto earns $432,600 of
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Married taxpayers Otto and Ruth are both self-employed and file a joint return. Otto earns $432,600 of self-employment income and Ruth has a self-employment loss of $50,300.
How much Medicare surtax for high income taxpayers will Otto and Ruth have to pay with their 2016 income tax return?
If required, round your final answer to nearest whole dollar.
Related Book For
Income Tax Fundamentals 2017
ISBN: 9781305872738
35th edition
Authors: Gerald E. Whittenburg, Steven Gill, Martha Altus-Buller
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