(Get Answer) – This practical application requires you to compute additional

(Get Answer) – This practical application requires you to compute additional  will pay you 700bob for the assignment due kesho 11pmThis practical application requires you to compute additional Medicare tax for a high-wage earner and report the information using the applicable tax form.Tax forms are used to report PBC and source document information on your individual income tax return (e.g. Form 1040).DUE DATEBy Saturday at 11:59 P.M., CT.Case InformationLionel, a single taxpayer, reported $46,175 of self-employment income on his 2018 Schedule SE, Section B, Line 6.Lionel also received two Forms W-2 in 2018; the applicable amounts for Medicare wages and Medicare tax withheld are summarized below:LIONEL’S W-2 FORMSForm W-2 DescriptionForm W-2 Box #AmountEmployer AMedicare wages and tipsBox 5119,000.00Employer AMedicare tax withheldBox 61,725.50Employer BMedicare wages and tipsBox 570,000.00Employer BMedicare tax withheldBox 61,015.00DIRECTIONS