Bob realized a long-term capital gain of $8,000.In calculating his net investment income, Bob may elect to include the gain in investment income.

Name: Bob realized a long-term capital gain of $8,000.In calculating his net investment income, Bob may elect to include the gain in investment income.
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Question

Quizplus · Accepted Answer

Long-term capital gains are considered investment income, and Bob has the option to include it in his net investment income calculation.

Bob Realized a Long-Term Capital Gain of $8,000