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Get your taxes done using TurboTax
Thank you - that's very helpful. Do you suppose there is a precedent for recognizing the exercise price as compensation? If so, how does one report the cost of the option, which effectively reduces the net investment to zero? Is the tax payer expected to establish a "FMV" price above the exercise price merely to record a "profit" that can be taxed?
‎November 4, 2019
7:31 AM