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Submitted: 608 days and 2 hours ago.
Category: Tax
Value: $15
Status: CLOSED

Answer

Dear XXXXXXX -

Generally, the gain from stock options would be a short term capital gain. See page 56 of IRS Publication 550, link below.

http://www.irs.gov/pub/irs-pdf/p550.pdf

 

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Expert: Steven Meyerson, CPA
Pos. Feedback: 99.2 %
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Answered: 3/24/2008

Certified Public Accountant (CPA)

CPA, Over 29 yrs experience w/individuals and small businesses. Masters in Tax, Divorce Specialist

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