4 ms·
This is if you hit AMT, if you have ISOs. One positive for startup employees of the GOP tax bill is that it seeks to repeal AMT for individuals. If you have NQ
by hkmurakami 9y ago
This is if you hit AMT, if you have ISOs. One positive for startup employees of the GOP tax bill is that it seeks to repeal AMT for individuals.
If you have NQOs, this tax always happens.
- ringaroundthetx 9y agowoah there, you committed the cardinal sin of describing something the GOP is doing as positive for people on the West Coast
- khuey 9y agoUnless they're also planning to repeal the $100K limitation on ISOs (after which they're all treated as NQOs) this will only be a modest benefit.
- hkmurakami 9y agoIs that the senate version? Also wasn't there a further amendment to that after lobbying to exempt private company shares from this? I recall fred Wilson writing something to that effect.
- rconti 9y agoThe Senate tax bill does not eliminate personal AMT, it merely "raises the threshold slightly". This could be fixed in reconciliation, but with the way things are going, I wouldn't be surprised if the house just votes for the senate bill. https://www.washingtonpost.com/news/wonk/wp/2017/11/30/what-is-in-the-senates-massive-tax-bill-and-what-could-change/?utm_term=.0411f6d44816 https://www.washingtonpost.com/news/wonk/wp/2017/11/30/what-...