Answer:
Calculation of
Capital Gain | Tax Due | AMT income | |
Grant Date | 0 | 0 | 0 |
Exercise Date | 0 | 0 | 0 |
Sales Date | $300 | $45 | $96 |
Total | $300 | $45 | $96 |
Calculation og capital gain
Sales Value(10 share *$35 )= $350
Less: Cost (10 Share *5) = $50
Net = $300
Tax =$300*15% =45
AMT =300*32% =96
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