Kaya Is in the 33% Marginal Tax Bracket

question 116

Essay

Kaya is in the 33% marginal tax bracket.She has a net capital gain of $90,000 on the sale of land which is eligible for the alternative tax on net capital gain in calculating the regular income tax.Discuss the tax rate that applies to the $90,000 net capital gain in calculating the tentative AMT for Kaya.

---

Definitions:

Loading Jobs

The process of assigning work to resources, machines, or workstations in a production environment.

Assignment Method

A special class of linear programming models that involves assigning tasks or jobs to resources.

Level Material Use

The use of frequent, high-quality, small lot sizes that contribute to just-in-time production.