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Discuss about self-employment income

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Reference no: EM131749125

Question: Married taxpayers Otto and Ruth are both self-employed and file a joint return. Otto earns $432,600 of self-employment income and Ruth has a self-employment loss of $50,300.

How much Medicare surtax for high income taxpayers will Otto and Ruth have to pay with their 2016 income tax return?

If required, round your final answer to nearest whole dollar.

Reference no: EM131749125

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