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Net investment income Penny and Billy, a married couple filling a joint return, had the following earnings in 2018. penny salary $100,000 billy salary $

Net investment income

Penny and Billy, a married couple filling a joint return, had the following earnings in 2018.

penny salary $100,000

billy salary $ 75000

dividends $ 75000

long term capital gains $ 50,000

Calculate their Net investment income tax.

(please show work)

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