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Jana just found out that she is going to recelve an end-of-year bonus of $40,000. She is in the 35 percent marginal tax bracket Caiculate

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Jana just found out that she is going to recelve an end-of-year bonus of $40,000. She is in the 35 percent marginal tax bracket Caiculate her income tax on this benus. Now atume stat insthat of recelving a bonus, Jana recelves the $40,000 as a long-term capital gain. What will be her tax? Which form of compensation offers Jana the best affer-tax retum? Would your caloulation be difhrrert if the gain was short-term rather than long-term? Her income tax on this bonus is $ (Round to the nearest dollar.) Now assume that instead of receiving a bonus, Jana receives the $40,000 as a long-term capital gain. What will be her tax? Which form of compensation offers Jina the best affintar intum? Woul your calculation be different if the gain was short-term rather than long-term? (Select the best answer below) A. Jana wil pay $6,000($40,00015%) in long-term capital gains taxes. Due to the reduced tax rate, the short-term capital gain offers Jana the best after tax rutum. Because iong-ien capital gains are taxed as ordinary income, she will not receive amy tax benelt if she recelves the bonus as a long term capital gain. capital gains are taxed as ordinary income, she will not receive any tax beneft if she receives the bonus as a short-berm captar gain

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