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Old 05-18-2006, 01:18 AM
Rich Carreiro
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Default Re: No taxes on stock options?

magic1[at]igmax.com writes:

- quote -

> I have stock options with the company where I am employed.
> I would like to exercise some of them, because I want to
> start my own business/corporation. How can I legally direct
> the money so that I don't owe a huge tax liability?


To an IRS-recognized charitable organization :-)

--
Rich Carreiro rlcarr[at]animato.arlington.ma.us

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >
 
Old 05-18-2006, 01:18 AM
Phil Marti
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Default Re: No taxes on stock options?

<magic1[at]igmax.com> wrote:

- quote -

> I have stock options with the company where I am employed.
> I would like to exercise some of them, because I want to
> start my own business/corporation. How can I legally direct
> the money so that I don't owe a huge tax liability?


You can't.

The best source I know for information about options is
www.fairmark.com

--
Phil Marti
Clarksburg, MD

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >
  #-1  
Old 05-17-2006, 03:33 AM
magic1@igmax.com
Guest
 
Posts: n/a
Default No taxes on stock options?

I have stock options with the company where I am employed.
I would like to exercise some of them, because I want to
start my own business/corporation. How can I legally direct
the money so that I don't owe a huge tax liability?

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >
 

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options, stock, taxes
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