$[The$ following information applies $to$ the questions displayed below.$]$

Henrich $is$ a single taxpayer. $In2024,$ his taxable income $is$ $$537,000.$ 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: Leave $no$ answer blank. Round your final income tax amount $to2$ decimal places. Round your Net investment

income tax $to$ the nearest whole number.

Problem $8-63$ Part $b(Algo)$

$b.$ His $$537,000of$ taxable income includes $$2,000of$ long$-$term capital gain that $is$ taxed $at$ preferential rates, and $$8,280of$

deductible state income taxes. Assume his modified AGI $(and$ AGI$)is$ $$598,000.$ Individuals

Schedule $X-$Single Tax Rates for Net Capital Gains and Qualified Dividends

$\begin{array}{cc}\text{R}\text{a}\text{t}\text{e}**& \text{T}\text{a}\text{x}\text{a}\text{b}\text{l}\text{e}\text{I}\text{n}\text{c}\text{o}\text{m}\text{e}\\ ?& ?\\ ?& ?\\ ?& ?\\ ?& ?\\ ?& ?\\ ?& ?\\ ?& ?\\ \text{M}\text{a}\text{r}\text{r}\text{i}\text{e}\text{d}\text{F}\text{i}\text{l}\text{i}\text{n}\text{g}\text{J}\text{o}\text{i}\text{n}\text{t}\text{l}\text{y}& \text{M}\text{a}\text{r}\text{r}\text{i}\text{e}\text{d}\text{F}\text{i}\text{l}\text{i}\text{n}\text{g}\text{S}\text{e}\text{p}\text{a}\text{r}\text{a}\text{t}\text{e}\text{l}\text{y}\\ \text{S}\text{i}\text{n}\text{g}\text{l}\text{e}& \text{H}\text{e}\text{a}\text{d}of\text{H}\text{o}\text{u}\text{s}\text{e}\text{h}\text{o}\text{l}\text{d}\\ \text{T}\text{r}\text{u}\text{s}\text{t}\text{s}\text{a}\text{n}\text{d}\text{E}\text{s}\text{t}\text{a}\text{t}\text{e}\text{s}& ?\\ ?& ?\\ ?& ?\\ ?& ?\\ ?& ?\\ ?& ?\\ 0\%& \text{\$}0-\text{\$}94\\ 050& \text{\$}0-\text{\$}47\\ 025& \text{\$}0-\text{\$}47\\ 025& \text{\$}0-\text{\$}63\\ 000& \text{\$}0-\text{\$}3\\ 150& ?\\ ?& ?\\ ?& ?\\ 15\%& \text{\$}94\\ 051-\text{\$}583& 750\\ \text{\$}47& 026-\text{\$}291\\ 850& \text{\$}47\\ 026-\text{\$}518& 900\\ \text{\$}63& 001-\text{\$}551\\ 350& \text{\$}3\\ 151-\text{\$}15& 450\\ 20\%& \text{\$}583\\ 751+& \text{\$}291\\ 851+& \text{\$}518\\ 901+& \text{\$}551\\ 351+& \text{\$}15\\ 451+& ?\\ ?& ?\\ ?& ?\end{array}$