Multiple Choice
In 2019, Amber earned a salary of $230,000 and also had the following items of investment income: $28,000 net short-term capital gain on sale of stock, $8,000 dividend income, $6,000 interest income from corporate bonds, and $5,000 interest income from tax-exempt municipal bonds.Compute Amber's net investment income (NII) tax if the tax rate is 3.8% and the threshold is $200,000.
A) $1,596
B) $1,786
C) $2,736
D) $2,926
Correct Answer:

Verified
Correct Answer:
Verified
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