Question 50 of 50 The net investment income tax is computed on: The amount by wh

Question

Question 50 of 50 The net investment income tax is computed on: The amount by which the taxpayer's modified adjusted gross income exceeds the threshold, regardless of net investment income. The amount of net investment income, regardless of the taxpayer's modified adjusted gross income. O The lesser of the amount by which the taxpayers modified adjusted gross income exceeds the threshold or the The greater of the amount by which the taxpayer's modified adjusted gross income exceeds the threshold or the taxpayer's net inves tment income. Mark for follow up

Explanation / Answer

The net investment income tax is computed on:-

   -The greater of the amount by which taxpayer's modified adjusted gross income exceeds the threshold or the taxpayer's net investment income.

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