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On January 1 , year 1 , Hadley received 1 0 0 0 shares of restricted stock from her employer, RIM Corporation. On that date,

On January 1, year 1, Hadley received 1000 shares of restricted stock from her
employer, RIM Corporation. On that date, the stock price was $8 per share. On
receiving the restricted stock, Hadley chose NOT to made the 83(b) election.
Hadley's restricted shares vested at the end of year 2 when the stock price was
$14 per share. She held the shares until the end of year 4, when she sold them
when the share price was $25 per share.
What are Hadley's total taxes due related to all of these transactions if her
ordinary marginal rate is 28 percent and her long-term capital gains rate is 15
percent?
5,570 margin of error +-2
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