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X Ms. Joan Hanson is an employee of a Canadian controlled private corporation. She was given stock options from her employer. Details of the stock
X Ms. Joan Hanson is an employee of a Canadian controlled private corporation. She was given stock options from her employer. Details of the stock options, and Ms. Hanson's activities related to those options are as follows: During 2019, she receives this many stock options.... Each option gives Ms. Hanson the ability to buy one stock, if exercised, at this price............. Fair market value of one share on the day options were given to Ms. Hanson........ in 2020, Ms. Hanson exercises all stock options and purchases the shares Fair market value of one share on the day Ms. Hanson exercised her stock options........... in 2021, Ms. Hanson sells all of her stocks when they are trading at a price of................ The net effect of all the above on her 2021 Taxable Income would be: I ..600 $32 $30 $60 $70 A) $8,400 B $11,400 $19,800 D) $3,000
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