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Alternative Minimum Tax on exercise on ISOs is 100% grade-A bullshit. Special incentive stock options with tax benefits negated almost completely by AMT? And th
by tomc1985 9y ago
Alternative Minimum Tax on exercise on ISOs is 100% grade-A bullshit. Special incentive stock options with tax benefits negated almost completely by AMT? And the only real way to deal with this tax is to either hold til a liquidation event or sell it to one of these equity collector firms for pennies on the dollar?
The ONE good thing Trump & congress could have done this year was eliminate AMT, and they didn't.
For the average Joe equity isn't much better than a lottery ticket. Equity is a LIE. Give me $$$$$$$
- teej 9y agoI agree with you that AMT for ISO exercise is bullshit but they did significantly change the rules. My AMT tax burden for exercising this year is half what it would have been under the old rules.
- tomc1985 9y agoThat's good to know. I need to find a good tax lawyer...
- rconti 9y agoThankfully I was able to come in just DOLLARS under AMT on an early exercise/89b scenario on my first IPO (didn't have any major deductions at the time), and with the rise of the AMT cap it should save my butt 2nd time around. Every little bit helps. Especially when it is all the difference between a 15% tax rate and a 35% tax rate.