Income Taxes and Record Keeping ( tax ) Message Board

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Strategies & Market Trends : Income Taxes and Record Keeping ( tax )

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To: Spots who wrote (2231)	7/1/1999 1:28:00 PM
From: Ira Player	Read Replies (1) of 5810

Spots, Even if AMT was due, AMT due to ISO exercise creates a credit you can use in future years. It takes time but you get it back. However, our ISO program specifically stated that the ISO exercise could not be done into a tax advantaged account. It's in the company documentation. I do not know it they are just being conservative or if our tax lawyer (shiver) has determined it to be illegal. It would be a good move. Especially into a Roth, for those fortunate enough to have them! Ira

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