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2. What Is the Medicare Tax Rate? - AOL

   www.aol.com/medicare-tax-rate-130036487.html

   Under the Affordable Care Act in 2013, an additional tax for taxpayers in the higher federal tax brackets was added to fund Medicare. The additional Medicare tax rate is 0.9%. The additional ...

3. Federal Insurance Contributions Act - Wikipedia

   en.wikipedia.org/wiki/Federal_Insurance...

   The employer is also liable for 6.2% Social Security and 1.45% Medicare taxes, [10] making the total Social Security tax 12.4% of wages and the total Medicare tax 2.9%. (Self-employed people are responsible for the entire FICA percentage of 15.3% (= 12.4% + 2.9%), since they are in a sense both the employer and the employed; see the section on ...

4. What is the additional Medicare tax? - AOL

   www.aol.com/lifestyle/additional-medicare-tax...

   A self-employed person will pay 2.9% standard Medicare tax and an additional 0.9% Medicare tax, for a total of 3.8%. Employers do not have to contribute any amounts through the additional Medicare ...

5. Rate schedule (federal income tax) - Wikipedia

   en.wikipedia.org/wiki/Rate_schedule_(federal...

   The origin of the current rate schedules is the Internal Revenue Code of 1986 (IRC), [2] [3] which is separately published as Title 26 of the United States Code. [4] With that law, the U.S. Congress created four types of rate tables, all of which are based on a taxpayer's filing status (e.g., "married individuals filing joint returns," "heads of households").

6. Taxes 2023: What's the standard deduction for people over 65?

   www.aol.com/standard-deduction-people-over-65...

   The standard deduction for those over age 65 in 2023 (filing tax year 2022) is $14,700 for singles, $27,300 for married filing jointly if only one partner is over 65 (or $28,700 if both are), and ...

7. Standard deduction - Wikipedia

   en.wikipedia.org/wiki/Standard_deduction

   For dependents, the standard deduction is equal to earned income (that is, compensation for services, such as wages, salaries, or tips) plus a certain amount ($400 in 2023). A dependent's standard deduction cannot be more than the basic standard deduction for non-dependents, or less than a certain minimum ($1,250 in 2023).

8. What are Medicare’s income limits in 2023? Here’s how to ...

   www.aol.com/finance/medicare-income-limits-2023...

   How to determine your income for Medicare premium calculations. ... you would look at your 2022 tax return, which includes your 2021 earnings, says Cubanski. ... Married couples have income limits ...

9. IRS Tax Brackets: Here’s How Much You’ll Pay in 2022 on What ...

   www.aol.com/finance/irs-tax-brackets-much-ll...

   Federal Tax Brackets 2022 for Income Taxes Filed by April 18, 2022 . Tax Bracket. Single. Married Filing Jointly or Qualifying Widow(er) Married Filing Separately. Head of Household. 10%. $0 to ...