Question
Allen Green is a single taxpayer with an AGI (and modified AGI) of $221,000, which includes $175,500 of salary, $28,300 of interest income, $11,100 of
Allen Green is a single taxpayer with an AGI (and modified AGI) of $221,000, which includes $175,500 of salary, $28,300 of interest income, $11,100 of dividends, and $6,100 of long-term capital gains. What is Allen's net investment income tax liability this year, rounded to the nearest whole dollar amount?
Multiple Choice
- $1,729
- $798
- $1,030
- $3,557
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Fundamentals Of Taxation 2015
Authors: Ana Cruz, Michael Deschamps, Frederick Niswander, Debra Prendergast, Dan Schisler, Jinhee Trone
8th Edition
1259293092, 978-1259293122, 1259293122, 978-1259293092
