2018 Tax Law Changes

2018 - Additional Medicare Tax

There is an 0.9% additional Medicare tax on wages and self-employment income exceeding $250,000 if married filing jointly; $200,000, if single, head of household, or a qualifying widow/widower; or $125,000, if married filing separately. To the extent the tax was not withheld from your wages, you will have to pay it when you file Form 1040

Note If you need professional help with "2018 Tax Law Changes" or have other tax questions, we can help you find a local licensed CPA for a free, no-obligation consultation.