Investment/tax question
If I have company stock from LTI that is taxed upon vesting and I later sell it below the cost basis...is that a loss that can offset income tax liability for the year it’s sold?
e.g. I get 1000 share thru LTI. Upon vesting, 750 shares deposited into investment account (250 shares cover tax). Cost basis is $50/share and I sell for $40/share.
|
Posted: 08/07/2020 at 3:09PM