Pham, single, has wages of $208,000 and net investment income of $140,000 in 2020. Her AGI (MAGI) is $348,000. What is Pham’s additional Medicare tax liability + net investment income tax?

SWFT Individual Income Taxes
43rd Edition
ISBN:9780357391365
Author:YOUNG
Publisher:YOUNG
Chapter12: Alternative Minimum Tax
Section: Chapter Questions
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Pham, single, has wages of $208,000 and net investment income of $140,000 in 2020. Her AGI (MAGI) is $348,000.

What is Pham’s additional Medicare tax liability + net investment income tax?

(Note: The answer is not $12,002)

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