Income Levels For Medicare Surcharge

If your magi for 2018 was less than or equal to the higher income threshold 87 000 for an individual taxpayer 174 000 for a married couple filing jointly you pay the standard medicare part b rate for 2020 which is 144 60 a month. Medicare levy surcharge the medicare levy surcharge mls is levied on australian taxpayers who. This surcharge boosts your monthly medicare part b premiums from the standard 135 50 in 2019 to a range of 189 50 to 460 50 per month depending on your income.

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