Hacker News new | ask | show | jobs
by lostdog 3927 days ago
Right, the funded valuation is different from the valuation the IRS cares about, the Fair Market Valuation (FMV) or 409a. The amount of AMT you owe is determined by the FMV, which probably hasn't risen much if at all, so you may still be able to spend only the cost of the shares.

That said, $15k is a lot to throw at something that will probably fall apart in the next 9 years.