Question: Keesha receives incentive stock options ( ISOs ) with an exercise price equal to the FMV at the date of the grant of $ 2
Keesha receives incentive stock options ISOs with an exercise price equal to the FMV at the date of the grant of $ Keesha exercises these options three years from the date of the grant when the FMV of the stock is $ Keesha then sells the stock three years after exercising for $ Which of the following statements is are true?
At the date of grant, Keesha will have ordinary income equal to $
At the date of exercise, Keesha will have W income of $
At the date of sale, Keesha will have longterm capital gain of $
Keeshas employer will not have a tax deduction related to the grant, exercise or sale of this ISO by Shania.
Question options:
only.
and
and
All of these statements are true
and
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
