6 ms·
Investopedia is misleading. AMT applies unless they were exercised and sold within the same tax year. AMT thus applies to the vast majority of pre-IPO ISO exerc
by amarshall 3y ago
Investopedia is misleading. AMT applies unless they were exercised and sold within the same tax year. AMT thus applies to the vast majority of pre-IPO ISO exercises. Many of those people are not in the top 0.4% incomes (I assume that’s what you meant). Further, this specific AMT scenario is taxing unrealizable gains, since the asset is effectively unsellable.