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    ushagodika's Avatar
    ushagodika Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Mar 14, 2009, 11:16 AM
    Calcualting Medicare Tax withheld in Ny State
    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
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
    		  
    #2

    Mar 14, 2009, 12:17 PM
    1.45%
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #3

    May 6, 2009, 12:59 PM
    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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