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Author Question: Ruby Corporation grants stock options to Iris on February 1, 2015. The options do not have a readily ... (Read 88 times)

RYAN BANYAN

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Question 1

Johanna is single and self-employed as a technology consultant. She wants to set money aside for her retirement. What tax and financial issues should she consider?

Question 2

Ruby Corporation grants stock options to Iris on February 1, 2015.  The options do not have a readily ascertainable value.  The option price is $100, and the FMV of the Ruby stock is also $100 on the grant date. The option allows Iris to purchase 200 shares of Ruby stock. Iris exercises the option on August 1, 2016, when the stock's FMV is $150.  Iris sells the stock on December 5, 2017 for $400.  Determine the amount and character (i.e. ordinary, LTCG or STCG) of income recognized by Iris and the deduction allowed Ruby Corporation in 2015, 2016 and 2017 under the following assumptions:

a. The stock option is an incentive stock option.
b. The stock option is a nonqualified stock option.


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Marked as best answer by RYAN BANYAN on Sep 13, 2020

jesse.fleming

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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RYAN BANYAN

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Reply 2 on: Sep 13, 2020
Wow, this really help


jomama

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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