Additional Medicare Tax 2024 Threshold

Additional Medicare Tax 2024 Threshold. If someone has an income above these thresholds. Married couples can boost their standard deduction.

 — australian residents for tax purposes are subject to a medicare levy of 2.0% of their taxable income unless they qualify for a reduction or exemption. Starting with the 2013 tax year, you may be subject to an additional 0.9 percent medicare tax on wages that exceed a certain threshold.