From b9c34d2dc1f1a0b8f16cb39f817f6dc0077d3e59 Mon Sep 17 00:00:00 2001 From: Tal Safran Date: Fri, 9 Oct 2015 01:10:19 -0700 Subject: [PATCH] Update Guide to Your Equity.md Make the boldy tax statement bold. I think that was the intention here? --- Hiring Documents/Guide to Your Equity.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/Hiring Documents/Guide to Your Equity.md b/Hiring Documents/Guide to Your Equity.md index 36a48200..e328ddeb 100644 --- a/Hiring Documents/Guide to Your Equity.md +++ b/Hiring Documents/Guide to Your Equity.md @@ -52,7 +52,7 @@ The lower the exercise price for Common Stock, the more money your options will ## Taxes -**Tax law is complex and you should consult a tax attorney who is familiar with startup stock options before ****making any decisions****. ** +**Tax law is complex and you should consult a tax attorney who is familiar with startup stock options before ****making any decisions. ** With Incentive Stock Options (ISOs), you aren’t taxed when you exercise your options, and the profit you make between the exercise price and the price you sell your stock for is taxed as capital gains (much lower than income tax). *However*, because you’re not paying income tax on this gain, this money is counted as a "tax preference" towards the [Alternative Minimum Tax](http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Alternative-Minimum-Tax-%28AMT%29-Assistant-for-Individuals) limit.