What is the total medicare tax rate

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Question - If an individual whose filing status is single earns $256,000 during the year, what portion of the earnings are subject to Additional Medicare Tax, and what is the total (standard and Additional) Medicare Tax rate that will be applied to these earnings?

A. $6,000 and 0.9%

B. $6,000 and 2.35%

C. $56,000 and 0.9%

D. $56,000 and 2.35%

Reference no: EM132908910

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