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0 pointshobonumber19y ago0 comments

Well it is 15% but you are paying income tax on it because you aren't holding it for a year. So depending on your tax situation, it may be closer to 7-10%. Still good though.

0 comments

findjashua9y ago

The income tax on the profits. If you sell the espp instantly, there isn't much profit, so I'm guessing there isn't much tax?

irrational9y ago

Well, according to this guy: https://thefinancebuff.com/employee-stock-purchase-plan-espp... it is closer to a 90% return. The example he gives is exactly how my company's ESPP works.

j / k navigate · click thread line to collapse

0 pointshobonumber19y ago0 comments

Well it is 15% but you are paying income tax on it because you aren't holding it for a year. So depending on your tax situation, it may be closer to 7-10%. Still good though.

0 comments

findjashua9y ago

The income tax on the profits. If you sell the espp instantly, there isn't much profit, so I'm guessing there isn't much tax?

irrational9y ago

Well, according to this guy: https://thefinancebuff.com/employee-stock-purchase-plan-espp... it is closer to a 90% return. The example he gives is exactly how my company's ESPP works.

j / k navigate · click thread line to collapse