Compute the net investment income tax


Response to the following question:

Net Investment Income (NII) Tax

Compute the net investment income (NII) tax for each of the following taxpayers.

a. A married couple files a joint return. Their modified AGI is $316,990, and they have net investment income of $19,965.

b. A taxpayer files as head of household. His modified AGI is $270,888, and he has net investment income of $60,640.

c. A married taxpayer files separately from his spouse. His modified AGI is $306,408, and he has net investment income of $213,049

 

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Taxation: Compute the net investment income tax
Reference No:- TGS02108729

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