Question: Stella's Manufacturing Ltd . ( SM ) is a CCPC . Scott, one of SBMs employees, was granted stock options on January 1 5 ,

Stella's Manufacturing Ltd.(SM) is a CCPC. Scott, one of SBMs employees, was granted stock
options on January 15,2021 for 10,000 shares at $3 per share. The FMV on January 15,2021
was $4 per share.
Scott exercised the stock options on September 30,2022, when the FMV was $6 per share. In
June, 2023, Scott purchased a new home and sold the shares for $7 each.
What amount is added to Scott's 2021 Taxable Income?
A.
What amount is added to Scott's 2022 Taxable Income?
A
What amount is added to Scott's 2023 Taxable Income?
A
Stella's Manufacturing Ltd.(SM) is a CCPC. Scott, one of SBMs employees,

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