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re: Employee Stock Purchase Program

Posted on 8/9/16 at 11:02 am to
Posted by TheIndulger
Member since Sep 2011
19239 posts
Posted on 8/9/16 at 11:02 am to
Yeah the entire purchase price isn't income, just what you profit off of it.

For OP, if your company is going under, I think the safest way to take advantage is to sell the day you get the stock. That way you get 11% return immediately. It seems fairly safe that way.

Or just avoid entirely. I'm in the same situation with my oil field company. 15% discount we offer.. I haven't sold yet because I'll lose a good bit of money, and I was hoping to strike it rich, but I don't really have faith in my company's financial situation right now. I should probably sell and just take what I can in case we announce bankruptcy.
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