Problem $8-63($LO $8-1)($LO $8-3)($Algo$)$

$[$The following information applies to the questions displayed below.$]$

Henrich is a single taxpayer. In $2023,$ his taxable income is $$538,500.$ What are his income tax and net

investment income tax liability in each of the following alternative scenarios? Use Tax Rate Schedule,

Dividends and Capital Gains Tax Rates for reference.

Note: Do not round intermediate calculations. Leave no answer blank. Enter zero if applicable. Round your

final answers to $2$ decimal places.

Problem $8-63$ Part a $($Algo$)$

a$.$ All of his income is salary from his employer. Assume his modified AGI is $$570,000.$

Answer is not complete.

b$.$ His $$538,500$ of taxable income includes $$2,000$ of long$-$term capital gain that is taxed at preferential rates. Assume his modified

AGI is $$570,000.$

c$.$ His $$538,500$ of taxable income includes $$56,000$ of long$-$term capital gain that is taxed at preferential rates. Assume his

modified AGI is $$570,000.$