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Patrick received 2,000 shares of restricted stock on April 1, 2021 when the stock was valued at $105 per share. The shares vested on April
Patrick received 2,000 shares of restricted stock on April 1, 2021 when the stock was valued at $105 per share. The shares vested on April 1, 2022 when the stock was valued at $126 per share.
- If Patrick makes an 83(b) election, what amount does he include in AGI for 2021 (if any)?
- If Patrick makes an 83(b) election, what amount does he include in AGI for 2022 (if any)?
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Accounting Theory
Authors: Ahmed Raihi-Belkaoui
5th Edition
1844800296, 978-1844800292
