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. Tvone 8f the above . Marvin, the vice president of Lavender, Inc., exercises stock options for 100 shares of stock in March 2018. The
. Tvone 8f the above . Marvin, the vice president of Lavender, Inc., exercises stock options for 100 shares of stock in March 2018. The stock options are incentive stock options (ISOs). Their exercise price is $20 and the fair market value on the date of exercise is $28. The options were granted in March 2014 and all restrictions on the free transferability had lapsed by the exercise date a. If Marvin sells the stock in December 2018 for $3,000, his AMT adjustment in 2018 is a positive adjustment of 800. b. If Marvin sells the stock in December 2019 for $3,000, his AMT adjustment in 2019 is $0. c. If Marvin sells the stock in December 2018 for $3,000, his AMT adjustment in 2018 is a negative adjustment of $800. d. If Marvi a negative adjustment of $1,000. e. None of the above. in sells the stock in December 2019 for $3,000, his AMT adjustment in 2019 is 10
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