Submitted By: Alfred
Answered: November 22, 2013 11:32 am

What are the surcharges for Medicare Parts B and D for 2014?

High-income taxpayers pay an additional charge for Medicare Parts B and D. The Part B surcharges for 2014 are unchanged from 2013; those for Part D are only slightly higher for 2014 than in 2013.  “High income” means having modified adjusted gross income over $85,000 if single (or married filing separately), or $170,000 if married filing jointly. Find more about these surcharges at www.medicare.gov.

advertisement
Tax Glossary

Real estate investment trust (REIT)

An entity that invests primarily in real estate and mortgages and passes through income to investors.

More terms