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Henrich is a single taxpayer. In 2 0 2 4 , his taxable income is $ 5 4 2 , 0 0 0 . What

Henrich is a single taxpayer. In 2024, his taxable income is $542,000. What are his income tax and net investment income tax liability in each of the following alternative scenarios? Use 2024 Tax Rate Schedule, Dividends and Capital Gains Tax Rates for reference.
c. His $542,000 of taxable income includes $63,000 of long-term capital gain that is taxed at preferential rates, and $8,480 of deductible state income taxes. Assume his modified AGI (and AGI) is $618,000.
d. Henrich has $201,000 of taxable income, which includes $52,400 of long-term capital gain that is taxed at preferential rates, and $8,480 of deductible state income taxes. Assume his modified AGI (and AGI) is $222,000.

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