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Hi, How can I apply the \" medical tax rate \" when i am solving a tax problem?

ID: 2417144 • Letter: H

Question

Hi, How can I apply the " medical tax rate " when i am solving a tax problem? I know the calculation but I don't know where In the tax formula I have to add/deduct the Medicare tax rate ,. Hi, How can I apply the " medical tax rate " when i am solving a tax problem? I know the calculation but I don't know where In the tax formula I have to add/deduct the Medicare tax rate ,. How can I apply the " medical tax rate " when i am solving a tax problem? I know the calculation but I don't know where In the tax formula I have to add/deduct the Medicare tax rate ,.

Explanation / Answer

Solution-

Medicare tax rate for $200,000 is 1.35%

More than $200,000 is 2.35%

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