Can worthless NQSOs be used for a tax benefit?
February 16, 2004
Subject:Subject: taxation NQSO
Date: Mon, 26 Jan 2004
Is there any scenario where worthless NQSOs could be used for some tax benefit where a loss can be claimed?
Date: 6 May 2008
Since no income is reported when the options are received, they have no tax basis and no loss can be claimed for them when they expire worthless.