>Can I avoid paying this "income" tax by taking a loss on another stock that I own?It depends on what type of stock options they are. If they're non-qualified stock options, you shouldn't have anything to worry about, as the taxable income will be (cost of stock - vesting cost) * options sold, and in your case, I suspect the amount those options are worth is 0 or negative.If they're qualified, I don't know, but I'd suspect the answer is yes, though there might be some AMT issues to worry about.
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. M