So, you’ll be liable for the additional 0.9% Medicare tax. However, neither of your employers will withhold the tax since each of your wages is less than $200,000. So, you should make estimated tax payments and / or request additional withholding on Form W-4. Use our W-4 paycheck ...
Starting with the 2013 tax year, you may be subject to an additional 0.9 percent Medicare tax on wages that exceed a certain threshold. The Additional Medicare Tax is charged separately from, and in addition to, the Medicare taxes you likely pay on most
A second factor in a wrong calculation is when calculations look at the gross Fed6 Medicare wages without considering any pretax exemptions like 401k or insurance.ResolutionMicrosoft Dynamics SL 2015 Cumulative Update 1 (CU1) For more information, see Incorrect ...