Ophelia is single. Her income of $254,200 includes the following: $220,000 wages. $2,500...
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Accounting
Ophelia is single. Her income of $254,200 includes the following:
$220,000 wages.
$2,500 taxable interest.
$1,500 tax-exempt interest.
$2,000 qualified dividends.
$25,000 rental income.
$3,200 long-term capital gains.
She has no other sources of income, and none of the income is from a trade or business. She has no expenses allocable to investment income.
Ophelia will calculate her net investment income tax on __________.
$32,700
$34,200
$54,200
$252,700
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