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C & D PLSSS Henrich is a single taxpayer. In 2022, his taxable income is $491,500. What are his income tax and net investment income
C & D PLSSS
Henrich is a single taxpayer. In 2022, his taxable income is $491,500. What are his income tax and net investment income tax liability In each of the following alternative scenarios? Use. Tax Rate Schedule, Dividends and Capital Gains Tax Rates for reference. Note: Do not round intermediate calculations. Leave no answer blank. Enter zero if applicable. Round your final answers to 2 decimal places. Required: a. All of his income is salary from his employer. Assume his mocified AGI is $520,000. b. His $491,500 of taxable income includes $2,000 of long-term capital gain that is taxed at preferential rates. Assume his modified AGI is $520,000. c. His $491,500 of taxable income includes $62,000 of long-term capital gain that is taxed at preferential rates. Assume his modified AGI is $520,000. d. Henrich has $200,750 of taxable income, which includes $52,300 of long-term capital gain that is taxed at preferential rates. Assume his modified AGI is $221,500. (x) Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. His $491,500 of taxable income includes $62,000 of lang-term capical gain that is taxed at preferential rates. Assume his modified AGt is $520,000 Step by Step Solution
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