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Author Question: Nate sold two securities in 2016: Nate has a 25% marginal tax rate. What is the additional tax ... (Read 1009 times)

jasdeep_brar

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Question 1

Melanie, a single taxpayer, has AGI of $220,000 which includes $160,000 of salary and $60,000 of investment income.  She will pay Medicare tax on the $60,000 of investment income of
◦ $0.
◦ $2,280.
◦ $760.
◦ $870.

Question 2

Nate sold two securities in 2016:



Nate has a 25% marginal tax rate. What is the additional tax resulting from the above sales?
◦ $150
◦ $200
◦ $300
◦ $400


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Marked as best answer by jasdeep_brar on Sep 13, 2020

batool

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jasdeep_brar

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Reply 2 on: Sep 13, 2020
Excellent


anyusername12131

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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