Question

Kim is an employee of Azure Corporation. In the current year, she receives a cash salary of $30,000 and also is given 10 shares of Azure stock for services she renders to the corporation. The shares in Azure Corporation are worth $1,000 each. For tax purposes, how will Kim treat the receipt of the 10 shares? What is Azure Corporation's total compensation deduction for Kim's services?


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  • CreatedSeptember 09, 2015
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