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Is there an extra "penalty" if filing forms 8959 and 8960?
Just wondering if we are paying an "extra penalty" if we need to file forms 8959 and 8960? TT fills this out for us because our income is above the threshold, and so we owe additional medicare tax and additional investment income tax.
Is this something we can avoid or is it just something we need to pay if our income is above threshold?
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March 30, 2024
6:23 PM