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Subject:  3.8% Medicare Tax Date:  2/23/2013  10:26 AM
Author:  ResNullius Number:  117850 of 127638

The new 3.8% Medicare tax appears to apply only when joint filers have an AGI above $250K. If I am reading things correctly, in computing the $250K, you can exclude income from IRAs, pension plans, and the like. My question is: Are SS payments included when coming up with the $250K threshhold? If IRA distributions aren't, then why would SS? Thanks.
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