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Financial Planning / Tax Strategies
|Subject: Re: Installment Sale||Date: 3/19/2000 2:41 AM|
|Author: jsclear||Number: 32097 of 119726|
Roy, thanks for your ideas.
The options in question were ISO options for a (non-traded) start-up company, which were completely bought out when the company was sold.
I assumed the extra money from the Escrow Expense Fund was fully taxable, but I am unsure how to include it on the Schedule D because it has zero cost basis and wasn't really bought or sold, just distributed.
The new company have referred me to the distribution agent who is very good at errrrm, being evasive!
Thankyou for your help, I'll keep trying.
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