Business
Business, 13.10.2021 04:20, itsmichaelhere1

Stevie recently received 1,070 shares of restricted stock from her employer, Nicks Corporation, when the share price was $10 per share. Stevie's restricted shares vested three years later when the market price was $13. Stevie held the shares for a little more than a year and sold them when the market price was $14. Assuming Stevie made an 83(b) election, what is the amount of Stevie's ordinary income with respect to the restricted stock

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Stevie recently received 1,070 shares of restricted stock from her employer, Nicks Corporation, when...

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