Wednesday, November 6, 2013

Additional Medicare Tax - Year-End Tax Planning

ABA Tax Accounting | Income Tax Service for Individuals

Income Tax Service For Individuals - Taxpayers whose income exceeds certain threshold amounts ($200,000 single filers and $250,000 married filing jointly) are liable for an additional Medicare tax of 0.9% on their tax returns, but may request that their employers withhold additional income tax from their pay to be applied against their tax liability when filing their 2013 tax return next April. Considering a Tax Professional? For no obligation free consultation contact us today!
(773) 599-7182

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