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O Required information Problem 8-63 (LO 8-1) (LO 8-3) (Algo) [The following information applies to the questions displayed below.) Henrich is a single taxpayer. In

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O Required information Problem 8-63 (LO 8-1) (LO 8-3) (Algo) [The following information applies to the questions displayed below.) Henrich is a single taxpayer. In 2021, his taxable income is $462,500. 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. (Do not round Intermediate calculations. Leave no answer blank. Enter zero if applicable. Round your final answers to 2 decimal places.) Problem 8-63 Part-c (Algo) c. His $462,500 of taxable income includes $64,000 of long-term capital gain that is taxed at preferential rates. Amount Income tax Net investment income tax Total tax liability 2,432.00 2.432.00 $ ! Required information Problem 8-63 (LO 8-1) (LO 8-3) (Algo) [The following information applies to the questions displayed below) Henrich is a single taxpayer. In 2021, his taxable income is $462,500. 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. (Do not round intermediate calculations. Leave no answer blank. Enter zero If applicable. Round your final answers to 2 decimal places.) Problem 8-63 Part-d (Algo) d. Henrich has $201.250 of taxable income, which includes $52.500 of long-term capital gain that is taxed at preferentiat rates. Assume his modified AGI is $210,000 Amount Income tax Net Investment income tax Total tax liability 380.00 380.00 $ 2021 Tax Rate Schedules Individuals Schedule X-Single If taxable income is over: But not over: The tax is: $ 0 $ 9,950 10% of taxable income $ 9,950 $ 40,525 $995 plus 12% of the excess over $9,950 $ 40,525 $ 86,375 $4,664 plus 22% of the excess over $40,525 $ 86,375 $164,925 $14,751 plus 24% of the excess over $86,375 $ 164,925 $ 209,425 $33,603 plus 32% of the excess over $164,925 $ 209,425 $ 523,600 $47,843 plus 35% of the excess over $209,425 $ 523,600 $157,804.25 plus 37% of the excess over $523,600 Tax Rates for Net Capital Gains and Qualified Dividends Taxable income Rate Married Filing Jointly Married Fling Separately Single Head of Household Trusts and Estates 0% SO 580.800 50-40 400 $0 $40.400 50 - 554,100 50 - $2.700 159 $80.801 - $501100 $40 401 - $250.00 540 401344550 $54,101 - 5473.750 52.701 - 12.250 209 550101 5250 01 5445,851. 5473.751 $13.251 "This raw applies to the net capital pain and qualified dividends that fall within the range of the formed the nei capital gains and qualified dies are creded in the com for this purposes

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