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EDWARD IS SINGLE. HIS MODIFIED ADJUST GROSS INCOME OF $241,OOO INCLUDES :WAGS OF $ 209,000, $1,500 0F INTEREST, $7500 OF TAX EXEMPT INTEREST $3000 OF

EDWARD IS SINGLE. HIS MODIFIED ADJUST GROSS INCOME OF $241,OOO INCLUDES :WAGS OF $ 209,000, $1,500 0F INTEREST, $7500 OF TAX EXEMPT INTEREST $3000 OF DIVIDENDS, $2500 OF RENTAL INCOME AND $25,000 OF CAPITAL GAIS. HE HAS NO OTHER INVESTMENT INCOME AND NONE OF THE INCOME IS FROM A TRADE OR BUSINESS. EDWARD WILL CALCULATED HIS NET INVESTMENT INCOME TAX ON

29,500

32,000

39,500

241,000

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