What is the amount that can be deducted as a stock option

Reference no: EM133612391

Question: An option was granted by a CCPC in 2020 to purchase 1,000 shares for $10 per share. At the time that the option was granted, the fmv of the shares was $10. The individual exercised the option during 2022. The shares were trading at $15 per share when the option was exercised. The individual is still holding the shares at the end of 2022. What is the amount that can be deducted as a stock option deduction in 2022?

Reference no: EM133612391

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