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Medicare Wage |
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Medicare Wage Any wage or salary that is subject to the Medicare tax. As the name implies, the Medicare tax is a tax on top of one's income tax and Social Security tax that goes to fund Medicare. Generally speaking, only ordinary wages and salaries are Medicare wages. Tips and bonuses usually are exempt from the tax. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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