If stock option was a non-qualifying option taxes would have been taken out and will show up on her W-2.Your basis will be FMV of stock at the time of her exercise. If stock option was an incentive stock option she can give it to you and your basis will be her option price.She will have no tax obligation,however she might have to check to see if alternative minimum tax occurs.
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. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra