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  2. What to know about IRMAA and Medicare - AOL

    www.aol.com/know-irmaa-notice-appeals-more...

    The SSA will use the income tax information from the tax return a person filed 2 years previously to calculate the IRMAA surcharge. Medicare will then add the additional cost to the standard ...

  3. Do I Need to Pay Medicare Tax on Retirement Income? - AOL

    www.aol.com/finance/pay-medicare-tax-retirement...

    If you generate retirement income from an investment portfolio, you will not pay FICA taxes such as Social Security and Medicare tax. However, you might owe a supplemental Medicare tax if you are ...

  4. Medicare & High-Income Earners - AOL.com

    www.aol.com/.../medicare/medicare-costs-high-income

    How to Avoid Medicare’s IRMAA Premium Surcharge. Medicare may charge you an added fee called an IRMAA for your Part B and Part D premiums if you have a high income.

  5. Federal Insurance Contributions Act - Wikipedia

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

    The FICA tax applies to earned income only and is not imposed on investment income such as rental income, interest, or dividends. The Hospital Insurance (HI) portion of FICA, which funds Medicare Part A hospital benefits, applies to all earned income, while the OASDI portion of the tax is imposed on earned income only up to cap annually set by ...

  6. How to Avoid Medicare’s IRMAA Premium Surcharge - AOL

    www.aol.com/avoid-medicare-irmaa-premium...

    It’s based on the taxable income stated on your tax returns from 2 years ago. The income surcharge doesn’t apply to Medicare Part A (hospital insurance) or Medicare Part C, also known as ...

  7. Medicare and Social Security funding: FICA taxes and trust ...

    www.aol.com/finance/medicare-social-security...

    This cap means that high-income earners don’t pay Social Security tax on any income that surpasses the limit. ... was 1990 and the Medicare tax hasn’t increased since 1986, according to the ...

  8. Progressivity in United States income tax - Wikipedia

    en.wikipedia.org/wiki/Progressivity_in_United...

    Starting in 2013, high-income households will also pay an additional Medicare surcharge of 0.9% on earned income and 3.8% on investment income. [13] The US federal tax system also includes deductions for state and local taxes for lower income households which mitigates what are sometimes regressive taxes, particularly property taxes.

  9. Affordable Care Act tax provisions - Wikipedia

    en.wikipedia.org/wiki/Affordable_Care_Act_tax...

    Higher income taxpayers, as well as taxpayers with sources of income that are defined as net investment income in the statute, pay an additional 3.8% tax to offset the costs of the Affordable Care Act. [9] This tax first took effect in 2013.

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