How to calculate net investment income tax

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Question 2: Provide a brief synopsis of each item, demonstrate your understanding of them, and a general overview of how to calculate, including any limitations or phase-outs for taxpayers.

  1. Net investment income tax
  2. Self-employment tax (SE) 
  3. Child & dependent care credit
  4. Child tax credit
  5. Under-payment penalty

Reference no: EM132597730

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