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  • What is Form 8959? - Intuit
    Form 8959, Additional Medicare Tax, is used to figure the additional 0 9% percent Medicare tax on the portion of wages, self-employment, and railroad retirement income that exceeds a certain threshold That threshold is $250,000 for jointly filing couples, $125,000 for married couples filing separately, and $200,000 for everybody else
  • Why am I required to add TurboTax Deluxe for a Form 8959 when I do not . . .
    You should file Form 8959 if your Medicare or RRTA wages exceed $200,000 for single filers or $250,000 for joint filers You should file Form 8959 if your self-employment earnings plus wages or RRTA income exceed the threshold amount for a particular filing status as shown on Form 8959
  • ¿Qué es el Formulario 8959? - Intuit
    El Formulario 8959, Impuesto Adicional de Medicare, se usa para calcular el 0 9 % adicional del impuesto de Medicare sobre la porción de salarios, trabajo por cuenta propia e ingresos de jubilación ferroviaria que supere determinado límite
  • Why does is say I have additional medicare tax? (form 8959) - Intuit
    To quote the instructions for form 8959: "Additional Medicare Tax A 0 9% Additional Medicare Tax applies to your Medicare wages, Railroad Retirement Tax Act (RRTA) compensation, and self-employment income above a threshold amount The threshold amounts are Filing Status Threshold Amount Married filing jointly $250,000
  • Why is additional Medicare tax amount being added to my tax . . . - Intuit
    Beginning with the 2013 tax year, you have to file Form 8959 if the Medicare wages or RRTA reported exceed $200,000 for single filers or $250,000 for joint filers It is an additional 9% on top of the 0145 that your employer already took out on your W-2, box 6 amount
  • Which Turbo Tax version supports Tax forms 6252, 8959 and 8960?
    Last multiple years I had a CPA do my taxes Would like to do them myself with Turbo Tax I had stock in my company but sold the stock and now am getting monthly payments which include interest Looking to find out if Turbo Tax (or what version) allows me to input this type of data
  • Why am I seeing: You have Additional Medicare Tax (Form 8959 . . . - Intuit
    This additional tax is reported on Form 8959 A 0 9% Additional Medicare Tax applies to Medicare wages, self-employment income, and railroad retirement (RRTA) compensation that exceed the following income threshold amounts based on filing status: $250,000 for married filing jointly; $125,000 for married filing separately; and
  • Form 8959 and 8960 - Intuit
    The tax calculated on Form 8960 is the Net Investment Tax, which is basically Medicare tax on investment income when your AGI is above the threshold If Form 8959 shows additional Medicare tax due, it means your employer did not withhold enough Medicare tax from you wages, and or you had self-employment income
  • Why is TurboTax telling me i need to file form 8959 when I am . . . - Intuit
    If form 8959 is deleted and comes back, then there is some data entered that is re-generating the 8959 These are the requirements for filing IRS form 8959: Who Must File You must file Form 8959 if one or more of the following applies to you Your Medicare wages and tips on any single Form W-2 (box 5) are greater than $200,000
  • Solved: 8959 is confusing in TurboTax, it is not including the Medicare . . .
    8959 is confusing in TurboTax, it is not including the Medicare amounts withheld on the W2 so it shows an amount owed The $511 of Medicare tax withholding beyond 1 45% is credited on Form 1040 line 25c, canceling out the $511 of Medicare tax added via Schedule 2





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