In 2010, M Corporation Transferred 1000 Shares of Its Common

question 8

True/False

In 2010, M corporation transferred 1000 shares of its common stock worth $90,000 to Y, an employee, in connection with her performance of services for the corporation.The shares, however, are subject to substantial restriction: Y will have to forfeit the shares if she leaves M corporation before 2013.Y makes a § 83(b) election to include the $90,000 value of the shares in her 2010 income.In 2013 Y is still working for M corporation and her 1,000 shares are worth $230,000.Y realizes $140,000 of taxable income on her 2013 return.

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Definitions:

You-attitude

A communication approach focused on the needs, interests, and feelings of the audience, rather than the speaker or writer.

Audience's Point Of View

The perspective or standpoint from which an audience perceives or interprets information presented to them.

Double Negatives

The use of two negative words in the same clause, which can either cancel each other out or intensify the negation.

Credibility

The quality of being trusted and believed in, crucial for individuals and organizations to persuade or inform effectively.