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Respond to the following independent situations: Required: Chris and Casey, married filing jointly, earn $254,500 in salaries and do not have any net investment income.
Respond to the following independent situations:
Required:
- Chris and Casey, married filing jointly, earn $254,500 in salaries and do not have any net investment income.
- Chris and Casey, married filing jointly, earn $186,000 in salaries and $43,000 in capital gains, $43,000 in dividends, and $21,500 in savings interest for a total modified AGI of $293,500.
- Chris and Casey, married filing jointly, earn $307,500 in salaries and $43,000 in capital gains for a total modified AGI of $350,500.
How much in surtax will Chris and Casey be assessed on their Form 1040 for 2021?
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Fundamental Financial Accounting Concepts Paperback By Edmonds Thomas P O
Authors: Thomas P. Edmonds, Christopher Edmonds, Mark A. Edmonds, Jennifer Edmonds, Philip R. Olds
11th Edition
9781264266234, 1264266235
