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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: TigerPaw who wrote (24366)	4/13/1999 1:37:00 PM
From: Adam Nash	Respond to of 77400

*and hold on to them for a year (to only have to pay long term capital gains* I had to mess with options this year. The way it worked for me was that at the time of excersize, regarless of whether you immediately sold or bought the shares, you owe regular income tax on the difference between the option strike price and the current market value. This is only for Non-Qualified Options, not ISO Options. For ISO Options, the difference is an AMT preference item, but you don't owe taxes on it. - Adam