Can pony take as compensation deduction, Accounting Basics

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Can pony take as compensation deduction

Pony Inc. issues restricted stock to employees in July 2012, with a 2 yr vesting period and a SRF. An employee must remain a full time employee of Pony for 2 yrs after the the stock is issued. The stock is trading at $10 a share when the stock is issued. An employee decides to make the 83(b) election with iss 1000 shares at the end of 2012, the stock is selling for $13 a share. What amount, if any, can pony take as compensation deduction?

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Accounting Basics: Can pony take as compensation deduction

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Accounting Basics: Can pony take as compensation deduction

Reference No:- TGS0709880

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : How can calculate the final contract decision

Q : What are the ramifications to this action

Q : What is profit maximizing quantity of labor

Q : What was the earnings per share.

Q : Can pony take as compensation deduction

Q : What will their new current ratio be

Q : Discuss the revenue and cost relationships

Q : What is the balance in cash

Q : James company had checks outstanding

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Can pony take as compensation deduction

Reference No:- TGS0709880

Recent Questions Asked Accounting Basics

Q : How can calculate the final contract decision

Q : What are the ramifications to this action

Q : What is profit maximizing quantity of labor

Q : What was the earnings per share.

Q : Can pony take as compensation deduction

Q : What will their new current ratio be

Q : Discuss the revenue and cost relationships

Q : What is the balance in cash

Q : James company had checks outstanding

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