Rachel is single and has wages of $150,000 and dividend income of $90,000. She has no investment

Question:

Rachel is single and has wages of $150,000 and income of $90,000. She has no investment expenses. Calculate the amount of the 3.8 percent net investment income tax she must pay. _____________________________________________________________________
Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...