Spreads and other multiple-leg option strategies can entail substantial transaction costs, including multiple commissions, which may impact any potential return.
An employee who exercises a non-statutory option must report the bargain element of the transaction as earned income that is subject to withholding tax.
Although it's nice to have the cash-advance option in an emergency, you could get hit with exorbitant transaction fees and surcharges -- and unlike regular purchases, cash advances command a steeper interest rate that begins accruing immediately, not after your next bill, Elmendorf said.
The taxpayer involved here had not been aware that when a restricted stock option vested upon his departure from an employer, it constituted a transaction reported both in his wages and on Form 1099-B.
There are no monthly fees or transaction charges for the basic wireless connectivity and users still have the option to side load personal documents or content from other compatible sites via USB.