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by encoderer
3653 days ago
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The taxes owed after exercise are actually under AMT. It is an AMT credit that carries forward equal to the tax paid that can be used in the next year where your conventional tax liability exceeds your amt liability. Any unused portion carries forward. But it wasn't always this way. After the bust in 2000 lots of people owed real tax liabilities despite no real financial gain and had to pay them off. The credit came later. |
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