Milly Suzette

What Is The Additional Medicare Tax For 2024 In Usa. On october 12, 2023, the centers for medicare & medicaid services (cms) released the 2024 premiums, deductibles, and coinsurance amounts for the medicare part a and part.  — the budget proposes to increase the medicare tax rate on earned and unearned income above $400,000 from 3.8 percent to 5 percent.

Earned income above a certain threshold is subject to the 0.9% surtax, while investment income can be taxed at an additional 3.8%, depending on the filer’s modified adjusted.  — the budget proposes to increase the medicare tax rate on earned and unearned income above $400,000 from 3.8 percent to 5 percent.