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Hi All,
I got a job that gives me the opportunity to buy company shares(they are not public yet). My exercise date is approaching, and am trying to understand the tax implications of buying them? The strike price I was given was 6 bucks, the current appraised price is 5.50. I understand my price is 6 no matter what, but seems like I need to pay tax on the amount of gain realized if there is no gain…do I pay taxes still? They are ISO stock units. Really appreciate any thoughts, really confusing, seeing something about AMT as well.
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