What are the regular income tax consequences

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Problem - Burt, the CFO of Amber, Inc., was granted incentive stock options in 2014. Burt exercised the stock options in February 2018 when the exercise price was $75,000 and the fair market value of the stock was $90,000. He sold the stock in September 2019 for $150,000. What are the regular income tax consequences and the AMT consequences for Burt in: a. 2014? b. 2018? c. 2019?

Reference no: EM132669497

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