A single taxpayer must file for which tax category if they report income above $200,000?

A single taxpayer who reports income above $200,000 is subject to the Additional Medicare Tax. This tax applies specifically to high-income earners and is an additional 0.9% tax on wages and self-employment income that exceeds the threshold amount. The purpose of this tax is to help fund Medicare, particularly as healthcare costs and demographic shifts increase demand for its services.

When a taxpayer earns over the specified income limit, they must pay this additional tax to ensure that the system can accommodate rising healthcare costs. This obligation is distinct from other tax categories, each serving different purposes. The Net Investment Income Tax, for instance, is focused on investment income, while the Self-Employment Tax pertains to income earned by self-employed individuals. The Alternative Minimum Tax, on the other hand, targets taxpayers who might benefit from certain deductions that lower their regular tax liability below a certain level.

Thus, when a single taxpayer exceeds the $200,000 income threshold, they are specifically required to account for the Additional Medicare Tax, reinforcing the intent to fund Medicare through contributions from higher earners.