Li recognized 100000 of ordinary income upon the


My Tie, Inc. has a stock bonus plan and one of their employees, Li, age 63, retired from My Tie and received 20,000 shares of My Tie stock with a fair market value of $400,000 in 2016. Li recognized $100,000 of ordinary income upon the distribution. What is Li’s NUA immediately after the distribution?

a. $100,000 b. $150,000 c. $200,000  d. $300,000

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Financial Management: Li recognized 100000 of ordinary income upon the
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