For 2016, the Guess Trust retains all of its income items, which include only $100,000 of net

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For 2016, the Guess Trust retains all of its income items, which include only $100,000 of net investment income and $40,000 of profits from an active business operation. Guess incurs an additional tax on net investment income (NIIT) of:
a. $5,320.
b. $3,800.
c. $3,329.
d. $0.
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South-Western Federal Taxation 2018 Comprehensive

ISBN: 9781337386005

41st Edition

Authors: David M. Maloney, William H. Hoffman, Jr., William A. Raabe, James C. Young

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