Allen Green Is a Single Taxpayer with an AGI (And

question 175

Multiple Choice

Allen Green is a single taxpayer with an AGI (and modified AGI) of $210,000, which includes $170,000 of salary, $25,000 of interest income, $10,000 of dividends, and $5,000 of long-term capital gains. What is Allen's net investment income tax liability this year, rounded to the nearest whole dollar amount?

• A)$2,465
• B)$1,520
• C)$570
• D)$380

---

Definitions:

Optimal Future Savings

The most favorable or ideal planning and storing of financial resources for future needs or emergencies.

Discretionary Spending

Non-essential expenditures that individuals choose to make out of their available income after fulfilling all necessities.

Affordable Fitness Center

A gym or physical fitness facility offering memberships or services at a price that is reasonable or lower than average.

Nontraditional Student

A term for students who pursue tertiary education who may not fit into the traditional college-aged student demographic, often due to delayed enrollment, part-time attendance, or other life circumstances.