Compute amber net investment income

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Question - In 2015, 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

Reference no: EM132106852

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