Higher-income self-employed people can be hit with an additional 0.9% Medicare tax. Although they’re related, this tax is separate from the Medicare tax that’s part of the self-employment tax (or the FICA tax). The additional tax generally applies if your wages, s...
For instance, if you owe additional Medicare taxes, you'll fill out Form 8959 and enter that amount here. If you owe net investment income tax, you'll fill out Form 8960 and enter that amount here. If you have deferred foreign income from certain foreign corporations, you'll report that...
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