Question: ! Required information Problem 8 - 6 3 ( LO 8 - 1 ) ( LO 8 - 3 ) ( Static ) [ The

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Required information
Problem 8-63(LO 8-1)(LO 8-3)(Static)
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Henrich is a single taxpayer. In 2024, his taxable income is $530,000. 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: Leave no answer blank. Round your final income tax amount to 2 decimal places. Round your Net investment income tax to the nearest whole number.
Problem 8-63 Part c (Static)
c. His $530,000 of taxable income includes $55,000 of long-term capital gain that is taxed at preferential rates, and $8,000 of deductible state income taxes. Assume his modified AGI (and AGI) $570,000.
\table[[Description,Amount],[Income tax],[Net investment income tax],[Total tax liability,$,0.00]]
! Required information Problem 8 - 6 3 ( LO 8 - 1

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