Question: Exercise 20-14 (Algorithmic) (LO. 1) For 2021, the Guess Trust retains all of its income items, which include only $178,000 of net investment income

Exercise 20-14 (Algorithmic) (LO. 1) For 2021, the Guess Trust retains all

Exercise 20-14 (Algorithmic) (LO. 1) For 2021, the Guess Trust retains all of its income items, which include only $178,000 of net investment income and $64,500 of profits from an active business operation. Round your answer to the nearest dollar. Guess incurs an additional tax on net investment income (NIIT) of $

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