Espp & Amt

[BP.]

ESPP & AMT
Stock was acquired in 2009 through the company ESPP. It hasn't been sold. It cost less than 100% of the FMV. Is the difference an AMT adjustment for exercise of ISO? Thanks!

[ChEAr$]

ESPP & AMT
Stock was acquired in 2009 through the company ESPP. It hasn't been sold. It cost less than 100% of the FMV. Is the difference an AMT adjustment for exercise of ISO? Thanks!

Maybe I'm confused (do NOT comment! grin) but....

An employee stock purchase plan has nothing to do with stock options granted by the
company and subject to tax reporting.

When an employee buys stock via payroll deductions, that's same as if purchasing
through a brokerage house. The only tax consequence is when shares of that stock
are transferred/sold.

Are you confusing the ESPP with (separate) stock options?

[BP.]

TTB treats the ESPP as a Statutory Stock Option in its discussion on these pages, which gave rise to my question.

Referencing TTB 6-18, as well as TTB 6-17 & 6-2.

The ESPP granted employee an option to purchase stock at a discount. This is not recurring purchases through payroll, but a separate onetime (well, there were two of them) transaction, where the employer has reported "gain" (FMV above cost) to the employee in a Purchase Confirmation.

I gathered from reading these sections of TTB that the stocks purchased fall under "Stock Options" so wanted to check on proper AMT treatment. Just not sure if the ESPP gets ISO AMT treatment.

[ChEAr$]

TTB treats the ESPP as a Statutory Stock Option in its discussion on these pages, which gave rise to my question.

Referencing TTB 6-18, as well as TTB 6-17 & 6-2.

The ESPP granted employee an option to purchase stock at a discount. This is not recurring purchases through payroll, but a separate onetime (well, there were two of them) transaction, where the employer has reported "gain" (FMV above cost) to the employee in a Purchase Confirmation.

I gathered from reading these sections of TTB that the stocks purchased fall under "Stock Options" so wanted to check on proper AMT treatment. Just not sure if the ESPP gets ISO AMT treatment.

Ah, then, you're referring to what used to be known as an ESOP, which as you point out
is different from the ESPP which I envisoned.

[BP.]

Ah, then, you're referring to what used to be known as an ESOP, which as you point out
is different from the ESPP which I envisoned.

Well, now that we are on the same page, got an answer for me?? (lol- cheers, friend)