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theres 4 parts in this question Required Information The following information applies to the questions displayed below) Henrich is a single taxpayer. In 2019, his

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theres 4 parts in this question
Required Information The following information applies to the questions displayed below) Henrich is a single taxpayer. In 2019, his taxable income is $450,000. What is 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. (Round your answers to 2 decimal places. Leave no answer blank. Enter zero if applicable.) a. All of his income is salary from his employer. Pus Income tax Net investment income tax Total tax ability The tax is: dividuals chedule X-Single ef taxable income is over: But not over: $ 0 $ 9,700 $ 9,700 $ 39,475 $ 39,475 $ 84,200 $ 84,200 $160,725 $160,725 $204,100 $204,100 $510,300 $510,300 10% of taxable income $970 plus 12% of the excess over $9,700 $4,543 plus 22% of the excess over $39,475 $14,382.50 plus 24% of the excess over $84,200 $32,748.50 plus 32% of the excess over $160,725 $46,628.50 plus 35% of the excess over $204,100 $153,798.50 plus 37% of the excess over $510,300 Schedule Y-1-Married Filing Jointly or Qualifying Widow(er) S If taxable income is over: But not over: 0 $ 19,400 $ 19,400 $ 78,950 $ 78,950 $168,400 $168.400 $321,450 $321,450 $408,200 S408,200 $612,350 $612,350 - The tax is: 10% of taxable income $1,940 plus 12% of the excess over $19,400 $9,086 plus 22% of the excess over $78,950 $28,765 plus 24% of the excess over $168,400 $65,497 plus 32% of the excess over $321,450 $93,257 plus 35% of the excess over $408,200 $164,709.50 plus 37% of the excess over $612,350 Schedule 2 Head Schedule Z-Head of Household The tax is: If taxable income is over: But not over: $ 0 $ 13,850 $ 13,850 $ 52,850 $ 52,850 $ 84,200 $ 84,200 $160,700 $160,700 $204,100 $204,100 $510,300 $510,300 10% of taxable income $1,385 plus 12% of the excess over $13,850 $6,065 plus 22% of the excess over $52,850 $12,962 plus 24% of the excess over $84,200 $31,322 plus 32% of the excess over $160,700 $45,210 plus 35% of the excess over $204,100 $152,380 plus 37% of the excess over $510,300 Schedule Y-2-Married Filing Separately If taxable income is over: But not over: $ 0 $ 9,700 $ 9,700 $ 39,475 S 39.475 $ 84,200 S 84,200 $160,725 $160,725 $204,100 $204,100 $306,175 S306,175 The tax is: 10% of taxable income $970 plus 12% of the excess over $9,700 $4,543 plus 22% of the excess over $39,475 $14,382.50 plus 24% of the excess over $84,200 $32,748.50 plus 32% of the excess over $160,725 $46,628.50 plus 35% of the excess over $204,100 $82,354.75 plus 37% of the excess over $306,175 Part 2 of 4 Required information The following information applies to the questions displayed below. Henrich is a single taxpayer. In 2019, his taxable income is $450,000. What is 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. (Round your answers to 2 decimal places. Leave no answer blank. Enter zero if applicable.) points eBook Hint b. His $450,000 of taxable income includes $2,000 of long-term capital gain that is taxed at preferential rates Print References Income tax Net investment income tax Total tax liability Part 3 of 4 Required information The following information applies to the questions displayed below.) Henrich is a single taxpayer. In 2019, his taxable income is $450,000. What is 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. (Round your answers to 2 decimal places. Leave no answer blank. Enter zero if applicable.) points eBook Hint c. His $450,000 of taxable income includes $55,000 of long-term capital gain that is taxed at preferential rates Print References Income tax Net investment income tax Total tax liability Required information The following information applies to the questions displayed below.] Part 4 of 4 Henrich is a single taxpayer. In 2019, his taxable income is $450,000. What is 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. (Round your answers to 2 decimal places. Leave no answer blank. Enter zero if applicable.) points Book Hint d. Henrich has $195,000 of taxable income, which includes $50,000 of long-term capital gain that is taxed at preferential rates Assume his modified AGI is $210,000. Print References Income tax Net investment income tax Total tax liability MIS TULNE Capid Quica DIVIS Trusts and Estates Taxable income Rate Married Filing Jointly Married Filing Separately Single 0% $0 - $78,750 SO - $39.375 SO - $39,375 15% $78,751 - $488,850 $39,376 - 5244 425 $39,376 - S434550 20% SARR 51 S244 426+ S494.551+ *This rate applies to the nel capital gains and qualified dividends that fall within the range of included in faxable income last for this purpose). Head of Household $0 - 552,750 552,751 - $461,700 $461,701+ $2,651 - $12.950 $12.951+ ble income specified in the table net capital gains and qualified dividends are

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