The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies

URL:  http://boards.fool.com/gt-subject-stopck-option-iso-cost-basis-gt-11898522.aspx

Subject:  Re: Stopck Option (ISO) Cost Basis Date:  1/31/2000  12:16 AM
Author:  WallyJr Number:  26424 of 123001

> Subject: Stopck Option (ISO) Cost Basis
> Author: baderl Date: 1/29/00 3:36 PM Number: 26309

In 1997, we had to exercise 'Incentive Stock Options' granted to my wife. The option were granted to her in 92. The option price was 8. When we exercised, the stock price was 20. We reported the difference (20 - 8 = 12) as an AMT item in calculatin the AMT tax for 1997 (again done with TTax). We stil