Q: Each year a taxpayer must calculate and then pay the greater of an alternative minimum tax (AMT) or regular tax. Effectively for high income earners who mitigate their tax position from the day-to-day income tax, an end-of-year consolidation of all taxable income is requested and submitted. This is then paid in arrears (from the normal payroll income tax) less any allowable deductions. For many taxpayers, the effective marginal tax rates are 0% (exemption), 26% (low bracket), 28% (high bracket), 32.5% (low bracket with exemption phase out), and 35% (high bracket with exemption phase out), with increasing taxable income as modified for AMT. As with regular federal income tax, rates and exemptions vary by filing status. The lower rate and the exemption are phased out above certain income levels at 25% of AMT income. A lower rate applies on long-term capital gains (and qualifying dividends).
Can we conclude that does alternative minimum tax apply to capital gains?
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A: yes
Fairchild Air Force Base (AFB) (IATA: SKA, ICAO: KSKA, FAA LID: SKA) is a United States Air Force base, located approximately twelve miles (20 km) southwest of Spokane, Washington.
is there a military base in spokane wa?
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Answer: yes
The platypus (Ornithorhynchus anatinus), sometimes referred to as the duck-billed platypus, is a semiaquatic egg-laying mammal endemic to eastern Australia, including Tasmania. Together with the four species of echidna, it is one of the five extant species of monotremes, the only mammals that lay eggs instead of giving birth. The animal is the sole living representative of its family (Ornithorhynchidae) and genus (Ornithorhynchus), though a number of related species have been found in the fossil record. The first preserved platypus body was thought to have been a fake, made of several animals sewn together, when it was first looked at by scientists in 1799.

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are platypus the only mammals that lay eggs?

A: no
Problem: Text: Edwards failed to qualify for the 1992 Winter Olympics in Albertville, France, and the 1994 Games in Lillehammer, Norway. He got a five-year sponsorship from Eagle Airlines, a small British charter company, to support his attempt to reach the 1998 Games in Nagano, Japan, but failed to qualify for those as well.

Question: did eddie the eagle participate in 1992 olympics?

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A: no
IN: Is it true that was princess diana born into the royal family?

Diana was born into the Spencer family, a family of British nobility with royal ancestry and was the youngest daughter of John Spencer, Viscount Althorp, and Frances Roche. She grew up in Park House, situated on the Sandringham estate, and was educated in England and Switzerland. In 1975--after her father inherited the title of Earl Spencer--she became known as Lady Diana Spencer. She came to prominence in February 1981 when her engagement to Prince Charles was announced to the world.

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OUT: no
What's the best answer to this question: is mug root beer a coca cola product?

OPTIONS:
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- yes
Answer:
no