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Nella, sells shares of stock, she acquired by exercising options granted to her under an employee stock purchase plan (ESPP). Her employer did not offer
Nella, sells shares of stock, she acquired by exercising options granted to her under an employee stock purchase plan (ESPP). Her employer did not offer the shares of the discounts the price she paid when she purchased the stock was the fair market v value at the time, if Nelia sells the stock for a profit in a qualifying disposition , how should the difference between her basis and the sale price be reported on her tax return. A) Compensation income subject to income tax as well as social security and medicare tax B) ordinary income C) Long term capital gain D) Short term capital gain
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