5 ms·
The stock is counted as income when it is exercised. The basis is the strike price then, once you sell later it’s considered either capital gain or loss. My und
by bm1362 7y ago
The stock is counted as income when it is exercised. The basis is the strike price then, once you sell later it’s considered either capital gain or loss. My understanding is that you can only apply 3000 in capital loses to income tax liability.