Check my work 19 Required information 4.76 points [The following information applies to the questions displayed below.] Henrich is a single taxpayer. In 2018, his taxable income is $455,000. What is 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, Estates and Trusts for reference. (Do not round intermediate calculations. Round your answer to 2 decimal places. Leave no answer blank. Enter zero if applicable.) eBook Hint References c. His $455,000 of taxable income includes $49,000 of long-term capital gain that is taxed at preferential rates. Income tax Net investment income Total tax liability tax 0.00 2018 Tax Rate Schedules Individuals Schedule X-Single If taxable income is over: But not over: The tax is: $ 9,525 S 38,700 S 82,500 $157,500 200,000 500,000 10% of taxable income $952.50 plus 12% of the excess over $9,525 $4,453 50 plus 22% of the excess over S38.700 |sl 4,089.50 plus 24% of the excess over $82,500 |s 32089.50 plus 32% of the excess over $157,500 $45,689.50 plus 35% of the excess over S200 ,000 $150,689,50 p S 9,525 S 38,700 S 82500 157,500 S200,000 S500,000 is 37% of the excess over S500.000 Schedule Y-I-Married Filing Jointly or Qualifying idow er) If taxable income is over: But not over: The tax is: $ 19,050 s 77,400 $165,000 $315,000 s400,000 $600,000 0f taxable income S 19,050 S 77,400 S165,000 S315,000 $400,000 600,000 $1.905 plus 12% of the excess over $19.050 $8.907 plus 22% of the excess over $77,400 $28,179 plus 24% of the excess over $165,000 $64,179 plus 32% of the excess over $31500 $91379 plus 35% of the excess over $400,000 $ 161 ,379 plus 37% of the excess over $600,000 Schedule ZHead of Household If taxable income is over: But not over: The tax is: S 1 3 ,600 $ 5 I ,800 S 82,500 si 57,500 200,000 500,000 | of taxable income S I ,360 plus l 2% of the excess over $ 1 3 $5,944 plus 22% of the excess over $5.800 SI 2.698 plus 24% of the excess over $82,500 $30,698 plus 32% of the excess over $157,500 $44,298 plus 35% of the excess over S200.000 $149,298 plus 37% of the excess over $500,000 S 13,600 S 51,800 S 82500 157,500 S200,000 S500,000 Schedule Y-2-Married Filing Separately If taxable income is over: But not over: The tax is: $ 9,525 S 38.700 S 82,500 $157,500 200,000 $300,000 10% of taxable income $952.50 plus 12% of the excess over $9,525 $4,453 50 plus 22% of the excess over S38.700 |sl 4,089.50 plus 24% of the excess over S82.500 |s 32089.50 plus 32% of the excess over $157,500 $45,689.50 plus 35% of the excess over S200 ,000 $80,689.50 plus 37% ofthe excess over S300.000 S 9,525 S 38,700 S 82500 157,500 S200,000 S300,000 Tax Rates for Net Capital Gains and Qualified Dividends Taxable Income Rate*Married Filing JointlyMarried Filing 0% 15% $77.201-$479,000 20 Single SO $38,600 538,601 $425,800 $425,801+ Head of Household SO $51,700 551,701 $452,400 $452401 Trusts and Estates O-$77 200 SO-$38,600 538,601 $239,500 $239,500+ $0 52.600 2,601 $12,700 $479,000+ $12,701+ This rate applies to the net capital gains and qualified dividends that fall wirhin the range of taxable income specified in the table (net capital gains and qualified dividends are included in taxable income last for this purpos Estates and Trusts If taxable income is But not The tax is: S 2.550 | 10% of taxable income 2.550 S 9.150 | S255 plus 24% of the excess over 2.550 S 9.150 S 12.500 | SI,839 plus 35% of the excess over 9.150 $12.500 S3.01 1.50 plus 37% of the excess over $12.500