In 2012, BT granted a nonqualified stock option to Ms. P to buy 500 shares of BT
Question:
a. How much income did Ms. P recognize in 2012 and 2017 because of the stock option?
b. Compute Ms. P's basis in the 500 shares.
c. What are the tax consequences of the stock option to BT in 2012 and 2017?
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Related Book For
Principles Of Taxation For Business And Investment Planning 2018
ISBN: 9781259713729
21st Edition
Authors: Sally Jones, Shelley C. Rhoades Catanach, Sandra R Callaghan
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