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Henrich is a single taxpayer. In 2022, his taxable income is $482,000. What are his income tax and net investment income tax liability in each

Henrich is a single taxpayer. In 2022, his taxable income is $482,000. 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.

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  1. His $482,000 of taxable income includes $43,000 of long-term capital gain that is taxed at preferential rates. Assume his modified AGI is $520,000.
  2. Henrich has $196,000 of taxable income, which includes $50,400 of long-term capital gain that is taxed at preferential rates. Assume his modified AGI is $212,000.
image text in transcribedimage text in transcribed 2022 Tax Rate Schedules Individuals Cobnoluln V Cinaln Srharlula V_1_Marriad Filina Inintly ar Oualifvina Wirlow(ar) Tax Rates for Net Capital Gains and Qualified Dividends purpose). is $482,000 of taxable income includes $43,000 of long-term capital gain that is taxed at preferential rates. Assume his lodified AGI is $520,000. Henrich has $196,000 of taxable income, which includes $50,400 of long-term capital gain that is taxed at preferential rates. Assume his modified AGI is $212,000

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