Question 24 of 75. The net investment income tax is computed on the Amount by which the taxpayer's modified adjusted gross income exceeds the threshold, regardless of net investment Income O Amount of net investment income, regardless of the taxpayer's modified adjusted gross income Lesser of the amount by which the taxpayer's modified adjusted gross income exceeds the threshold or the taxpayer's net Investment income O Greator of the amount by which the taxpayer's modified adjusted gross income exceeds the threshold or the taxpayer's net investment income Mark for follow up Question 25 of 75. Estates and trusts are subject to the net investment income tax if they have undistributed net investment income and also have AGI exceedings O $12,000 $12,500 ( DUIS ts 12,90 O $13.400 $14.400 Mark for follow up Question 26 of 75. Butch, a single filer, had wages of $218,000 in the tax year. He earned an additional $25,000 in income from dividends and capital gains. He had no other income or adjustments. What is Butch's net investment income tax? O $684 corseru NiT O COD) $950 of want and fresh 00 25.00 O $1,050 218,ood MAGZ exceeds threshold on 273,000 Mark for follow up Back Save / Return Later Summary Next >>