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Josh and Emma are married and file a joint return. They have modified adjusted gross income of $260,000, which includes $15,000 of capital gain income.

Josh and Emma are married and file a joint return. They have modified adjusted gross income of $260,000, which includes $15,000 of capital gain income. All their other income is from wages. Josh and Emma will calculate their net investment income tax on: (a) $0, (b) $ 10,000, (c) $15,000, (d)$260,000.

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