How to Complete IRS Form 8959 - Additional Medicare Tax

Some taxpayers may be subject to the Additional Medicare Tax if their W-2 wages and self-employment earnings exceed certain filing thresholds during the tax year.

If you meet these requirements, you'll need to include IRS Form 8959 with your Form 1040, and potentially pay some extra taxes.

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DISCLAIMER: I am a licensed attorney and certified public accountant (CPA) in the State of Florida. I am not a financial advisor. The information provided in this video is for entertainment purposes only. No such communication is provided in the course of an attorney-client relationship, and no communication is intended to constitute legal advice. You should speak with your own tax and legal professionals to discuss your circumstances before performing any of the tax, legal or accounting strategies demonstrated in this video. Thank you.