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jmanatVT

Joined: 01/17/2008 Posts: 6583
Likes: 1850

What's this?

Not an expert on this, but that's my understanding


You would have paid income tax on the $50,000 value of the compensation when it vested. Basically, you don't get taxed twice on the $50/share, so that's the cost basis.

If this was an option or ESPP or whatever, where you merely got a discount, the cost basis would still be $50, but you'd only be charged income tax on the discount.

(In response to this post by VT Pops)

Posted: 08/07/2020 at 3:31PM


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Current Thread:
 
  Investment/tax question -- VT Pops 08/07/2020 3:09PM
  Yes. Your basis is the price it vested at. ** -- GreenvilleVT 08/07/2020 6:28PM
  Not an expert on this, but that's my understanding -- jmanatVT 08/07/2020 3:31PM

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