Thank you. How about if I hadn’t sold any of them. Just exercised and held. Wouldn’t I still owe income tax on the 1000 shares x 0.4 difference? Simply from the exercise event? $400 would be treated like wages income.
0.5 per share then becomes my cost basis for any gain or loss when I sell the shares in the future since I already paid income taxes on that full amount.
If so then the 400 shares I sold were sold at cost and have no gain or loss?
Im using this for reference here. https://www.wealthenhancement.com/s/blog/non-quali[product key removed]ns-taxation-MCSRY2C4B4V5DYFNI...
