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Medicare Part A

   Also found in: Dictionary/thesaurus, Medical, Legal, Encyclopedia, Wikipedia, Hutchinson 0.04 sec.
Medicare Part A
Medicare Part A covers hospital and nursing home care. Medicare tax is withheld from an employee's wages, or paid with the tax return by a self-employed person. The medicare A tax rate is 1.45 percent (2.9 percent for self-employed individuals). Individuals other than self-employed individuals cannot deduct this tax. Self-employed individuals can deduct one-half of the amount paid as an adjustment to income.


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