Business, 20.07.2020 01:01 smilebug73

His $452,500 of taxable income includes $44,000 of long-term capital gain that is taxed at preferential rates. Henrich is a single taxpayer. In 2019, his taxable income is $452,500. What is his income tax and net investment income tax liability in each of the following alternative scenarios? a. All of his income is salary from his employer.
b. His $452,500 of taxable income includes $2,000 of long-term capital gain that is taxed at preferential rates.
c. His $452,500 of taxable income includes $44,000 of long-term capital gain that is taxed at preferential rates.
d. Henrich has $196,250 of taxable income, which includes $50,500 of long-term capital gain that is taxed at preferential rates. Assume his modified AGI is $210,000,

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