How are Medicare taxes handled in deductions?
Md Ariful Islam
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Dr. Md Rushad Rahman
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Medicare payroll taxes are deducted in calculating your take-home pay from an employer. If you are a W-2 wage earner, Medicare payroll taxes are not an allowable tax deduction for you. If you are self-employed and pay both the employer and employee Medicare tax, the employer portion of the tax is deductible. This is calculated on Schedule SE.
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