Deductions & credits

Thanks a lot! I got a lot of useful info.  However, my ISO is not regular ISO (or maybe it's not ISO at all).  I was granted some stocks at a discounted price.  I must actually pay money to buy those stocks at one month later in the same calender year.  50% of those stocks will be locked for 1 year, the other 50% will be locked for two year before I can sell them.  If company's or my performance doesn't meet some requirements, those stocks will be taken back by company at the original discounted price.  According to ISO requirements, I need to report  Alternative Minimum Tax (AMT) for the year I excise it.  I guess I will be charged some tax for this. How about if this stocks is finally taken back by company at the original discounted price?  Thank you.