Question: Exercise 3 0 - 1 4 ( Algorithmic ) ( LO . 1 ) For 2 0 2 4 , the Guess Trust retains all

Exercise 30-14(Algorithmic)(LO.1)
For 2024, the Guess Trust retains all of its income items, which include only $221,200 of net investment income and $42,000 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
Exercise 3 0 - 1 4 ( Algorithmic ) ( LO . 1 ) For

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