Do I have to pay taxes on options in a public company converted from stock options I held in private company it purchased?

September 19, 2011

Subject:   unvested option conversion taxable/AMT event?
Date:   Mon, 11 Oct 2010
From:   Gary

Hello,

I exercised my ISO last year. The amount was included in my W-2. Do I still have to report the stock sale on Schedule D?

Thanks,
Gary

Answer

Date:   15 Oct 2010

Hello Gary,

No income is reported for regular tax or AMT.

Good luck!
Mike Gray

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