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! Required information Problem 8 - 6 3 ( LO 8 - 1 ) ( LO 8 - 3 ) ( Algo ) [ The
Required information
Problem LO LO Algo
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Henrich is a single taxpayer. In his taxable income is $ 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.
Note: Do not round intermediate calculations. Leave no answer blank. Enter zero if applicable. Round your final answers to decimal places.
Problem Part c Algo
c His $ of taxable income includes $ of longterm capital gain that is taxed at preferential rates. Assume his modified AGI is $
Answer is complete but not entirely correct.
tableAmountIncome tax,$
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