What would you like to do?

What is the limit on earnings subject to a medicare tax deduction?

already exists.

Would you like to merge this question into it?

already exists as an alternate of this question.

Would you like to make it the primary and merge this question into it?

exists and is an alternate of .

Follow

Your music has taken you to places all around the world. What city did you like the most?

View Full Interview

What are after tax deductions?

Those are amounts taken out of your paycheck that do not reduce the amount of tax you have to pay on your salary.

Are medicare part b premiums tax deductible?

Yes is the short answer but there are some guide lines to be followed.   How Much of the Expenses Can You Deduct?   You can deduct on Schedule A (Form 1040) only the

Taxes deducted from an employee's earnings to finance social security and medicare benefits are called FICA taxes?

YES that is correct. FICA stands for "Federal Insurance Contributions Act." It's the tax withheld from your salary or self-employment income that funds the Social Security and
What is the Section 179 tax deduction limit for 2014 income taxes?

What is the Section 179 tax deduction limit for 2014 income taxes?

The limit for Section 179 expense is $500,000 as it has been for the past few years. This is the limit for any one return but that certainly doesn't mean you can write of $500