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Kisachek [45]
3 years ago
12

Alain Mire files a single tax return and has adjusted gross income of $309,000. His net investment income is $48,000. What is th

e additional tax that Alain will pay on his net investment income for the year
Business
1 answer:
Anuta_ua [19.1K]3 years ago
5 0

Answer: $1,824

Explanation:

According to the IRS, Net Investment Income tax is the lesser figure of either,

i. The net investment income or,

ii. Modified adjusted gross income less the threshold of $200,000 of the person.

The lesser figure is then multiplied by 3.8% to find the tax.

Alain Mire's net Investment Income is $48,000.

His Modified adjusted gross income less the threshold of $200,000 is,

= 309,000 - 200,000

= $109,000

The lesser figure is his Net Investment Income so Additional Tax is,

= 48,000 * 3.8%

= $1,824

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Answer: Optimization of resource allocation

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One of many concerns that macroeconomics deals with is optimization of resource allocation, which means using resources in that sector which gives the best results and maximum profit to the economy.

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In the study of bystanders and thieves presented in the text, participants are invited to a store where they see someone steal t
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4 years ago
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Answer:

 

Explanation:

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b )

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4 years ago
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2. an industry that has notable barriers to entry.

Hope it helps!</span>
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