Series 66 Quiz
15 questions · no time limit
0:00
CLIENT INVESTMENT RECOMMENDATIONS AND STRATEGIES
Question 1 of 15
No time limit
Current
Answered
Flagged
Not seen
PASSAGE
For 2026, a married couple filing jointly has $600,000 of ordinary taxable income before applying the preferential long-term capital gain rate, plus a $50,000 net long-term capital gain from selling stock. The couple has no other investment income, and their modified adjusted gross income is $650,000. For 2026, the MFJ long-term capital gain brackets are 0% up to $98,900, 15% from $98,901 through $613,700, and 20% above $613,700. The 3.8% net investment income tax applies to the lesser of net investment income or the amount by which MAGI exceeds $250,000.
What is the total additional federal tax on the $50,000 long-term capital gain, including the NIIT?
YOUR PROGRESS
15
QUESTIONS
Ready when you are
Answer in any order. Your progress shows here as you go.
QUESTIONS
KEYBOARD
Pick an answer ABCD
Next question ↵→
Previous ←
Flag for review F
Flagged questions come back at the end