Marco and Lisa are married and file a joint tax return. Lisa has salary income of $260,000

Question:

Marco and Lisa are married and file a joint tax return. Lisa has salary income of $260,000 and Marco has salary income of $400,000. They also have the following items of investment income: $60,000 net long-term capital gain on sale of stock, $8,000 income, $6,000 interest income from corporate bonds, and $5,000 interest income from tax-exempt municipal bonds. Compute their net investment income (Nil) Medicare surtax.
Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...