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Medicare Tax Rate in Financial Formulas
Medicare tax rate refers to the percentage of an individual’s income that is withheld to fund the Medicare program in the United States. And is denoted by I
MT
.
Financial formulas that make use of Medicare Tax Rate
f
x
Medicare Tax
Go
FAQ
What is the Medicare Tax Rate?
Medicare tax rate refers to the percentage of an individual’s income that is withheld to fund the Medicare program in the United States.
Can the Medicare Tax Rate be negative?
{YesorNo}, the Medicare Tax Rate, measured in {OutputVariableMeasurementName} {CanorCannot} be negative.
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