An employee who receives restricted stock as compensation from a corporate employer must include the stock's fair market value in gross income in the year of receipt, even though the employee's ownership rights in the stock are nonvested. True or False True False

An employee who receives restricted stock as compensation from a corporate employer must include the stock's fair market value in gross income in the year of receipt, even though the employee's ownership rights in the stock are nonvested. True or False True False

SWFT Corp Partner Estates Trusts

42nd Edition

ISBN:9780357161548

Author:Raabe

Publisher:Raabe

Chapter13: Comparative Forms Of Doing Business

Section: Chapter Questions

Problem 11DQ

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Question

An employee who receives restricted stock as compensation from a
corporate employer must include the stock's fair market value in
gross income in the year of receipt, even though the employee's
ownership rights in the stock are nonvested.
True or False
True
False

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