When one exercises options that starts holding period for capital gains... | Hacker News

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		bankim on Dec 7, 2011 \| parent \| context \| favorite \| on: Poll: How much did you earn from your stock option... When one exercises options that starts holding period for capital gains...

jpdoctor on Dec 7, 2011 [–]

During TechBubbleV1, many people got completely burned by AMT after exercise.

Several were bankrupted because the stock deflated. Oh, and IRS bills are not dischargable in bankruptcy, so those poor bastards had their pay attached.

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