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Henrich is a single taxpayer. In 2022, his taxable income is $480,000. What are his income tax and net investment income tax liability in each

Henrich is a single taxpayer. In 2022, his taxable income is $480,000. 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.

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a) All of his income is salary from his employer. Assume his modified AGI is $520,000.

b) His $480,000 of taxable income includes $2,000 of long-term capital gain that is taxed at preferential rates. Assume his modified AGI is $520,000.

c) His $480,000 of taxable income includes $55,000 of long-term capital gain that is taxed at preferential rates. Assume his modified AGI is $520,000.

d) Henrich has $195,000 of taxable income, which includes $50,000 of long-term capital gain that is taxed at preferential rates. Assume his modified AGI is $210,000.

2022 Tax Rate Schedules Individuals Cohndnlo V Cinoln Tax Rates for Net Capital Gains and Qualified Dividends purpose)

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