BKHM Blog

IRS FINALIZES ADDITIONAL MEDICARE TAX REGS

Posted by Sheridan Smith on Thu, Dec 05, 2013 @ 10:23 AM

Final regs on the Patient Protection and Affordable Care Act (PPACA)’s Additional Medicare Tax have been released by the IRS. Additional Medicare Tax applies to employee compensation/self-employment income in any tax year beginning after December 31, 2012. The final regs generally track proposed regs issued in 2012, with some clarifications.

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Topics: IRS, Healthcare, Medicare, taxes