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Bookmark or Share- Surtax | TaxEDU Glossary - Tax FoundationSurtax. A surtax is an additional tax levied on top of an already existing business or individual tax and can have a flat or progressive rate structure. Surtaxes are typically enacted to fund a specific program or initiative, whereas revenue from broader-based taxes, like the individual income tax, typically cover a multitude of programs and ...
- Tax Planning Tips To Minimize Your 3.8% Medicare Surtax - ForbesThere is a flat Medicare surtax of 3.8% on net investment income for married couples who earn more than $250,000 of adjusted gross income (AGI). For single filers, the threshold is just $200,000...
- Florida Dept. of Revenue - Discretionary Sales SurtaxYou must collect discretionary sales surtax when the transaction occurs in, or delivery is into, a county that imposes a surtax and the sale is subject to state sales and use tax. Use the information below to help you determine when to collect the surtax.
- Surtax Explained: Understanding Its Impact on Taxes & IncomeA surtax is a government-imposed supplementary tax that is levied on taxpayers in addition to another tax. When the government needs to generate money for a particular programme, such a health or military project, a surtax is typically levied.
- Surtax: What it Means, How it Works, Examples - InvestopediaA surtax is an additional tax imposed by a government on taxpayers, that is in addition to another tax. Typically, a surtax is charged when the government wants to raise funds...
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