Get the up-to-date 2016 8959 form-2024 now

Show details

4.2 out of 5

108 votes

Enter the following amount for your filing status Married filing jointly. 250 000 Single Head of household or Qualifying widow er 200 000 Subtract line 5 from line 4. If zero or less enter -0-. go to Part II. Add lines 7 13 and 17. Also include this amount on Form 1040 line 62 Form 1040NR 1040-PR and 1040-SS filers see instructions and go to Part V. Withholding Reconciliation Medicare tax withheld from Form W-2 box 6. If you have more than one Form W-2 enter the total of the amounts from box 6. ...

Here's how it works

01. Edit your form online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send it via email, link, or fax. You can also download it, export it or print it out.

The easiest way to modify 2016 8959 form in PDF format online

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Adjusting documents with our extensive and intuitive PDF editor is simple. Make the steps below to fill out 2016 8959 form online quickly and easily:

Sign in to your account. Sign up with your credentials or create a free account to test the service before choosing the subscription.
Upload a document. Drag and drop the file from your device or import it from other services, like Google Drive, OneDrive, Dropbox, or an external link.
Edit 2016 8959 form. Effortlessly add and underline text, insert images, checkmarks, and signs, drop new fillable fields, and rearrange or delete pages from your document.
Get the 2016 8959 form accomplished. Download your modified document, export it to the cloud, print it from the editor, or share it with other people using a Shareable link or as an email attachment.

Make the most of DocHub, the most straightforward editor to rapidly manage your documentation online!

See more 2016 8959 form versions

We've got more versions of the 2016 8959 form form. Select the right 2016 8959 form version from the list and start editing it straight away!

Versions	Form popularity	Fillable & printable
2022	4.2 Satisfied (35 Votes)
2021	4.8 Satisfied (103 Votes)
2020	4.2 Satisfied (66 Votes)
2019	4.4 Satisfied (109 Votes)
2018	4.3 Satisfied (129 Votes)
2014	4.4 Satisfied (312 Votes)
2013	4.2 Satisfied (64 Votes)
2016	4.2 Satisfied (108 Votes)
2017	4.4 Satisfied (36 Votes)

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Is additional Medicare tax deductible?

The self-employed can deduct of self-employment taxes from gross income, but the Additional Medicare Tax is not included in figuring the deduction only the 12.4% Social Security tax + the 2.9% Medicare tax ( FICA taxes) are used in calculating the deduction.

What is IRS 8959?

Use this form to figure: the amount of Additional Medicare Tax you owe and. the amount of Additional Medicare Tax withheld by your employer, if any.

How is additional Medicare withholding calculated?

Based on the Additional Medicare Tax law, all income for an individual above $200,000 is subject to an additional 0.9% tax. Therefore, his Additional Medicare Tax bill is $50,722 X 0.9% = $456.

Why do I have to fill out form 8959?

Purpose of Form Use Form 8959 to figure the amount of Additional Medicare Tax you owe and the amount of Additional Medicare Tax withheld by your employer, if any. You will carry the amounts to one of the following returns. Form 1040.

How does form 8959 work?

The Additional Medicare Tax is an additional (0.9%) tax to wages, compensation, and self-employment income, if an individuals income exceeds the threshold amount for their individual filing status.

Related forms

be ready to get more

Complete this form in 5 minutes or less

Get form

Do I have to fill out form 8959?

The tax applies to wages from employment, self-employment income and railroad retirement income, but if you are receiving W-2 income, the tax will most likely be withheld from your wages. Either way, anyone subject to the tax is required to file Form 8959 with their annual income tax filing.

How does form 8959 work?

The Additional Medicare Tax is an additional (0.9%) tax to wages, compensation, and self-employment income, if an individuals income exceeds the threshold amount for their individual filing status.

Who should file form 8959?

If you have self-employment income, you file form 8959 if the sum of your self-employment earnings and wages or the RRTA compensation you receive is more than the threshold amount for your filing status.

What is additional Medicare tax form 8959?

Who is responsible for paying the Medicare portion of income tax?

The current tax rate for social security is 6.2% for the employer and 6.2% for the employee, or 12.4% total. The current rate for Medicare is 1.45% for the employer and 1.45% for the employee, or 2.9% total.

Get the up-to-date 2016 8959 form-2024 now

Here's how it works