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Henrich is a single taxpayer. In 2019, his taxable income is $450,000. What is his income tax and net investment income tax liability in each
Henrich is a single taxpayer. In 2019, his taxable income is $450,000. 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 for reference. (Round your answers to 2 decimal places. Leave no answer blank. Enter zero if applicable.) b. His $450,000 of taxable income includes $2,000 of long-term capital gain that is taxed at preferential rates.
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