pk
Level 15
Level 15

Deductions & credits

@roalddahl14 , an exercise of the warrant ( i.e. paying monies  to acquire the shares ) does not in itself become a taxable event -- it only sets the basis  ( out-of-pocket cost ) for the shares acquired.  When you dispose off the shares  ( i.e. en-cash )  then you have taxable income -- ca[pital gain if you have held the shares for more than 365 days ( one year )..  And of course if you are still a resident of this country then  you pay taxes to the IRS  ( under its rules  ). 

 

Does this make sense ?