Do we have to pay state taxes when we exercise ISOs?
October 10, 2014
Subject: Re: Incentive Stock Options – Executive Tax Planning
Date: Wed, 14 Feb 2007
Thank you for sending me the rep9ort. It is very informative.
I just have a quick question. If we exercise ISOs, do we have to pay state tax for the tax preference?
Date: 28 Feb 2007
The answer varies by state. If you live in California, the answer is yes. Check to see if your state has an alternative minimum tax. If so, then study the instructions for that tax.