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Hi. My name is ***** ***** I will be happy to help you.
Can you be more specific what 2014 tax law you are referring to?
I guess you are talking about the Medicare increase for High income earners that is calculated on your tax return starting in 2013. The income is not taxed again, it is additional tax if you are considered higher earner.
250K for married filing jointly, 200K for married filing separately or Head of household.
The logic is that if you earn more than average, you an afford to pay little more to contribute failing Medicare. The more income, the higher your tax bracket, the more income taxes you pay. The same logic is applied to Medicare tax.
No. That's not Medicare tax increase. Do you have your 2013 and 2014 return available? There could be many reasons why. Did you have medical insurance through Obamacare maybe?
Not necessary. Can you compare line by line your 2013 and 2014 return and tell me if there's a significant increase or decrease from one year to another and what line?
Ok. Just let me know and we can discuss it further.
Hi. Just want to check if you have any questions.