Question: Exercise 28-14 (Algorithmic) (LO. 1) For 2020, the Guess Trust retains all of its income items, which include only $161,200 of net investment income and

Exercise 28-14 (Algorithmic) (LO. 1)

For 2020, the Guess Trust retains all of its income items, which include only $161,200 of net investment income and $67,500 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 $fill in the blank 1

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