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Question: 359 net investment income tax jack and diane are married...

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3-59 Net Investment Income Tax. Jack and Diane are married. Jack is an attorney and this year earned $120,000. Diane is a partner with a local public accounting firm. She earned $140,000. For the current year, the couple reported adjusted gross income of $260,000. Their income included interest of $8,000 a. What is the amount of their net investment income tax for the year? b. Same as (a) above except the couples adjusted gross income was $255,000
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