Just a follow up on the previous question.
When the gifted stocks are immediately sold, do we have to pay taxes to IRS? My wife received stock grants from her company and she wants to gift them to me as they are vested. We would like to sell them as soon as they are transferred , how will taxes play a role in the scenario ?
this is not a follow up this is a completely different question because now stock grants are involved.
and why the gifting before they are sold? why not let her sell them and gift you the cash?
are these non-qualifying stock options or qualifying stock options (ISO)? the tax treatment is completely different.
here's a link explaining each.
https://www.forbes.com/sites/brucebrumberg/2019/07/09/comparing-options-nonqualified-stock-options-v...
