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Financial Planning / Tax Strategies


Subject:  Re: IRS said I owe them $31,000 Date:  4/22/2005  10:22 PM
Author:  fleg9bo Number:  78914 of 128039

You don't want to find yourself in the situation where you can't document that the option exercise produced no capital gain.

Thanks for the warning. I'll hang on tight to everything. It's obvious from the W-2 that all of the gain was taxed at ordinary rates (39.6%--ouch), with the W-2 amounts matching the brokerage statement.

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