Hi
I was curious to know how we calculate Medicare Tax withheld in NY State. I was doing my taxes myself this year. Usually my husband does it.
But I was really curious about the calculation.
If you can please teach me?
Thank you
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Hi
I was curious to know how we calculate Medicare Tax withheld in NY State. I was doing my taxes myself this year. Usually my husband does it.
But I was really curious about the calculation.
If you can please teach me?
Thank you
1.45%
Ushagodika:
The Medicare is a flat tax that is assessed on all income ta a 1.45% rate. Determine the amount of tax owed is grade-school math.
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