In 2015, Liza exercised an incentive stock option that had been granted to her in 2013 by
Question:
a. What is Liza's AMT adjustment in 2015? What is her recognized gain on the sale for regular income tax and for AMT purposes?
b. How would your answers in (a) change if Liza had sold the stock in 2015 rather than 2017?
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Related Book For
South Western Federal Taxation 2016 Comprehensive
ISBN: 9781305395114
39th Edition
Authors: James H. Boyd, William H. Jr. Hoffman, David M. Maloney, William A. Raabe, James C. Young
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