Iso stock options

[fox4dice]

I purchased options from my company many years ago and held on to them.
since then my company was sold and I received stock for the new company in exchange.
I sold some of that stock last year, how do I enter this?

[TomYoung · Accepted solution]

I guess the general answer is "you enter them as a sale of New Company shares."  The shares no longer have any "ISO" aspect to them, irrespective of how the stock for stock transaction was structured.  A this point they are just regular plain-vanilla "stock".  Now if your real question is "what's my basis" that very much depends on how the deal was structured but I'd think you'd know that.

Tom Young