Accounting Dictionary

Medicare Tax

Medicare tax is paid by nearly every American worker to finance Medicare and provide market place discounts for people buying Obamacare.

The tax is 1.45% on every worker’s salary. The employer matches this amount for a total of 2.9%. An additional .09% is paid by workers who have more than $200,000 in Medicare wages and married couples earning more than $250,000 in Medicare wages. There is also a 3.8% surtax on the lesser of net investment income or the excess of income over $200,000 for individuals and $250,000 for married couples. The two taxes aimed at high earners were passed to finance Obamacare.

Sign Up to Learn More!

Join our mailing list today to get notified of new discount offers, course updates, Roger CPA Review news, and more!

Scroll to Top
Get Your eBook Today!

Fill out this form to have our eBook sent directly to your email address.

Access Until You Pass

The Elite-Unlimited course provides UNLIMITED continuing access to your course materials until you pass the CPA Exam! How does it work? Upon activating your course, you will have an initial 36 months of access. You can then renew your subscription as many times as you need to pass your exams—for FREE. Simply click the “renew” option in your student account and you can continue studying your high-quality course materials without losing any of your data and course progress.

Renewal Instructions

  •   Please purchase a renewal using the "Renew" option from the My Account page
  •   To qualify for renewal pricing, course must be renewed before it expires
  •   All renewals are effective from the current expiration date and cannot be deferred
  •   Test information cannot be reset (deleted) with renewal unless eligibility criteria is met (see Help page)