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Question 2 of 75. Diego exercised a nonstatutory stock option on February 28, 2020. He purchased 500 shares of his company's stock for $10,000. The
Question 2 of 75. Diego exercised a nonstatutory stock option on February 28, 2020. He purchased 500 shares of his company's stock for $10,000. The fair market value of the stock at the time of purchase was $12,000. He included the $2,000 difference between the fair market value and the purchase price as compensation income when he filed his 2020 return. What is Diego's basis in the underlying stock? O $0 $2.000 $10,000 $12,000 Mark for follow up
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