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Question: During 2015, Raymond a single individual, earned a salary of $206,000. He also had the following items of investment income: $50,000 net short term capital gain on the sale of stock, $10,000 dividend income, $7,500 interest income from corporate bonds, and $2,000 interest from tax exempt municipal bonds. What is Raymond's Net Investment Income tax?

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Accounting Basics, Accounting

Category:- Accounting Basics
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