Level 8
03-15-2024
02:14 PM
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Since she exercised more shares in 2023, that increased her AMT, offsetting the AMT loss by selling ISOs. She shot herself in the foot by exercising and selling same year. A generally leading strategy is to alternate exercising and selling ISOs by year to get to use the MTC. So her MTC carries forward until a future year where regular tax exceeds TMT.
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