Question: Please complete part b!!!!! Complete the following statements regarding the Medicare component of FICA. a. Is any dollar limitation imposed on the Medicare tax? Unlike

Please complete part b!!!!!

Complete the following statements regarding the Medicare component of FICA.

a. Is any dollar limitation imposed on the Medicare tax?

Unlike the Social Security portion of FICA, there is a dollar limit on the imposition of the Medicare tax.

b. Upon whom is the 0.9% additional tax imposed?

The 0.9% Medicare addition applies to taxpayers with all income in excess of $ ____(for single filers) or $_____ (married filing jointly).

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