Hi TaxPro+40, according to the TurboTax article,
<a rel="nofollow" target="_blank" href="
https://turbotax.intuit.com/tax-tips/investments-and-taxes/incentive-stock-options/L4azWgfwy">https:...>
if I exercised in late 2016 and sold in early 2017, and sold below the exercise FMV, only my actual gain is supposed to be taxed as ordinary income for the 2017 tax year.
Eg. If I exercised at $20 when FMV was $25, and sold at $24 the following year, my ordinary income for regular tax should only be based on the $4 difference.
