Benjamin, who files Single, has Taxable income of $464,000.$160,000 of his Taxable Income is a 0/15/20 long-term capital gain, $18,000 is a nonqualified dividend, and $25,000 is a qualified dividend. These items are his only investment income. Benjamin's MAGI is $489,100. Compute Benjamin's federal tax liability for 2021, including the Net Investment Income Tax, if applicable, in this calculation. \begin{tabular}{|l|l|l|} \hline Filing Method & Start of 15% ("Breakpoints") & Start of 20% ("Breakpoints") \\ \hline Married Filing Joint & $80,800 & $501,600 \\ \hline Married Filing Separately & $40,400 & $250,800 \\ \hline Head of Household & $54,100 & $473,750 \\ \hline Single & $40,400 & $445,850 \end{tabular} Part of ACA - new Medicare tax Tax on NET INVESTMENT INCOME Investment income = interest income, dividend income, capital gains, rental income, royalty income 3.8% lesser of (i) NET investment income or (ii) the excess of MAGI over threshold amount Threshold amount: $250,000 for MFJ or surviving spouses; \$200,000 for all others (except MFS) Part of "Other Taxes" in formula and on tax return