Question
Robert and Celia are married, and they will file a joint return. They have modified adjusted gross income of $245,000, which includes $25,000 of capital
Robert and Celia are married, and they will file a joint return. They have modified adjusted gross income of $245,000, which includes $25,000 of capital gain income from the sale of stock. They have no other investment income.
What is the amount used to calculate the couple's net investment income tax?
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Income Tax Fundamentals 2015
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven Gill
33rd Edition
9781305177772, 128543952X, 1305177770, 978-1285439525
