Medicare Drug Plan Secrets

What is the Medicare tax rate for self employment?

CeeEss asked: I thought my quartly taxes were 15.3% medicare PLUS whatever my income tax would be but the rep. are IRS said that if I just multiply my income times 15.3% that should cover all of my taxes, income and medicare due on my income. Concerned that she may have been wrong I [...]

Question about Barak Obama’s health care plan from an undecided voter?

BigRick asked: Ok, Barak Obama is wanting to propose a country wide health care plan for all Americans. Here is my concerns about that. If we do not all already have a health care plan, than what the heck is Medicare and Medicaid. We all can eventually have that. And look [...]

When calculating my income tax via the marginal tax brackets, does that include OASDI and Medicare taxes?

Wesley M asked: If my taxable income in 2008 is 51,000 (filing single), marginal tax brackets say that I’ll owe about just north of $9,000. Does this $9,000 include the Medicare and OASDI withholdings that have come out of my check all year, or just the federal w/h?Medicare Drug Plan Secrets