|
Posted by delfin.rojas on April 16, 2007, 4:44 pm
Please log in for more thread options
I'm confused and don't know exactly what to do. Taxes are
due tomorrow so I would appreciate any response.
I started with Company A on Feb of 2004 and I received stock
options that would vest 25% every year. Company A was
aquired by Company B on May of 2006. Company B did not have
an ISO plan, so company A decided to vest all the remaining
stock options and terminate the ISO plan by doing a
same-day-sale of all the options and giving employees the
profit.
Now, I believe this is cosidered a short term capital gain
because it is a same-day-sale. Unfortunatelly I didn't have
a saying on this but that doesn't matter. Is there any way
to put this as long term gain because the grant date was 2
years earlier? Is there anything special to keep in mind
because the ISO plan was terminated?
Again, any response would be greatly apreciated,
Thanks
<< ======================================================= >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2006) - All rights reserved. >>
<< ======================================================= >>
| 
Yahoo! 
Google 
Windows Live 
del.icio.us 
digg 
Netscape 
XML Sitemap