Tag Archives | tax planning

How The New 2013 Medicare Tax Rates Will Work

Yeah, I know you are thrilled. However the new medicare tax only affects those with higher MAGIs (Modified Adjusted Gross Income). Those MAGIs are $250,000 Married Filing Jointly and $200,00 Single for 2013. Here’s a chart that, whilst it does nothing to alleviate the pain, perhaps serves to alleviate the confusion over this 3.8% medicare […]

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