Question
Jeremy is offered 1,000 options on Jan 1, 2020. The exercise price is $5. In 2022, he exercises all 1,000 options when the price was
Jeremy is offered 1,000 options on Jan 1, 2020. The exercise price is $5. In 2022, he exercises all 1,000 options when the price was $8. In 2024, he sells all 1,000 when the price was $12. Assume the options are ISOs. What is the income reported in 2022?
Selected Answer: $3,000
Answers:
$8,000
$4,000
$7,000
$3,000
$0
3,000 IS WRONG
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Audit Cultures Anthropological Studies In Accountability Ethics And The Academy
Authors: Marilyn Strathern
1st Edition
0415233275, 978-0415233279
