Guest Jerry Posted July 15, 2003 Posted July 15, 2003 For 415 annual addition purposes, how are reallocated forfeitures valued in a leveraged S-Corp ESOP? Lower of Cost or Market? Fair Market Value?
RLL Posted July 15, 2003 Posted July 15, 2003 Hi Jerry --- For purposes of IRC section 415©(2)©, reallocated forfeitures of employer stock are calculated based on the fair market value of the shares as of the allocation date.
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now