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07-4 45. Respond to the following independent situations: a. Jacob is a single taxpayer who has net investment income consisting of $10,000 interest on a

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07-4 45. Respond to the following independent situations: a. Jacob is a single taxpayer who has net investment income consisting of $10,000 interest on a certificate of deposit, $5,000 from dividends from a mutual fund, $5,000 from capital gain distributions from mutual funds, and $40,000 in long-term capital gains from selling some stocks, and a modified AGI of $190,000. (1) How much in surtax will Jacob be assessed on his Form 1040 for 2022? b. Jacob is a single taxpayer who has net investment income consisting of $10,000 interest on a certificate of deposit, $5,000 from dividends from a mutual fund, $5,000 from capital gain distributions from mutual funds, and $40,000 in long-term capital gains from selling some stocks, and a modified AGI of $250,000. (1) How much in surtax will Jacob be assessed on Form 1040 for 2022? Jacob is a single taxpayer who has net investment income consisting of $30,000 interest on a certificate of deposit, $15,000 from dividends from a mutual fund, $15,000 from capital gain distributions from mutual funds, and $40,000 in long-term capital gains from selling some stocks, and a modified AGI of $300,000. (1) How much in surtax will Jacob be assessed on Form 1040 for 2022

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