Subject: AMT tax liability on future ISO sales
Date: Wed, 15 Oct 2008
From: Ben

Thank you for your very helpful and valuable newsletter.

I understand unpaid liabilities for past ISO exercises have been abated.

I haven’t exercised my ISO because I didn’t want to pay an AMT. Can I exercise now without an AMT liability?

Thanks
Ben

Answer

Date: 7 Nov 2008

Hello Ben,

No. The AMT adjustment for ISO exercises has not been repealed and still applies for 2008.

Good luck!

Mike Gray

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