If you bought and held, then I'm clueless if there is any tax on the granting of options.
The count of three isn't a plan. It's Sesame Street.
Buffy ,'First Date'
Natter 58: Let's call Venezuela!
Off-topic discussion. Wanna talk about corsets, duct tape, or physics? This is the place. Detailed discussion of any current-season TV must be whitefonted.
Gudanov - Apr 09, 2008 9:35:36 am PDT #643 of 10001
Coding and Sleeping
Polter-Cow - Apr 09, 2008 9:39:49 am PDT #644 of 10001
What else besides ramen can you scoop? YOU CAN SCOOP THIS WORLD FROM DARKNESS!
I didn't hold. I sold the same day.
megan walker - Apr 09, 2008 9:41:57 am PDT #645 of 10001
"What kind of magical sunshine and lollipop world do you live in? Because you need to be medicated."-SFist
I didn't hold. I sold the same day.
Wouldn't you be taxed on the cost of the options as income, and then the "profit" (i.e., Phase 3) as capital gains? Also, isn't there some rule about short- vs. long-term with stocks?
shrift - Apr 09, 2008 9:42:30 am PDT #646 of 10001
"You can't put a price on the joy of not giving a shit." -Zenkitty
Because of this?
t cries
But it wasn't my fault!
Thanks for the links, msbelle.
I'm having some feminist rage today.
Gudanov - Apr 09, 2008 9:43:06 am PDT #647 of 10001
Coding and Sleeping
I don't know. I don't think noting that type of income in W-2 box 12 code 'V' is mandatory, so maybe contacting an HR person to clear things up might help. Somebody should know if that income was included.
brenda m - Apr 09, 2008 9:45:27 am PDT #648 of 10001
If you're going through hell/keep on going/don't slow down/keep your fear from showing/you might be gone/'fore the devil even knows you're there
CNN is running a really weird piece about a polygamist group that was raided in the 50s, interviewing a bunch of women who were children at the time. The whole thing is being portrayed as some family tragedy, all noble fathers sneaking back to see their wives and the women hiding new pregnancies from the big bad authorities (since part of the men's release from prison was a promise not to, you know, keep it up. Iit was many years before some of the families were reunited." Which, yes, I'm sure that's hard and all, but it's a deeply strange perspective when not contrasted with any other view of the situation.
Gudanov - Apr 09, 2008 9:47:22 am PDT #649 of 10001
Coding and Sleeping
Wouldn't you be taxed on the cost of the options as income, and then the "profit" (i.e., Phase 3) as capital gains?
You still have to buy the options, you just get a better price if the stock price increased since the grant. I have no idea however if there is any tax on the current price - strike price but I don't think there is, but I don't really know for sure. I think you just pay on the sale price - purchase price - comission at sale time.
A same day cashless transaction can get rolled into regular income however and that's the only way I've ever done it.
Kat - Apr 09, 2008 9:48:21 am PDT #650 of 10001
"I keep to a strict diet of ill-advised enthusiasm and heartfelt regret." Leigh Bardugo
The idea is that once you put is down it will stop swirling around in your head and causing anxiety.
This actually has worked for me since I started in January. I keep a thin moleskine notebook and I just write stuff down. It is so much LESS anxiety producing than to perseverate on the same 18 things I need to do.
And, yet, things still fall through the cracks.
Jesse - Apr 09, 2008 9:49:06 am PDT #651 of 10001
Sometimes I trip on how happy we could be.
All I know is I love Kelly Clarkson. Even (maybe especially) when she wears unflattering clothes.
Sue - Apr 09, 2008 9:49:15 am PDT #652 of 10001
hip deep in pie
Does this help at all, PC: [link]