Tech IndustryOct 13, 2019
VMwarekolosporos

Question on Incentive stock options when company shuts down

Hey all, I had exercised some ISO at a startup that went belly up. Do you know how to claim these on taxes ? I couldn't find any literature if this is a bad business expense. Basically I never had a chance to sell them and they were worth 0 at the end. Thanks in advance

VMware kolosporos OP Oct 13, 2019

A couple of CPAs on forums mentioned this is a capital loss and I entered them as a sale with sale price of 0.