Question

Mitch a single filer had wages of 188,000 in the tax year.he earned an additional 15,000 from dividends and capital gains. what is his net investment income

Answer 1

Net investment income is the total amount minus fees that an individual has earned from investments. It includes things such as interest, dividends, and capital gains, and Mitch received $15,000 from dividends and capital gains, so his net investment income is $15,000.