Originally Posted by
Salerio
I had heard third-hand that you guys got the stock as pay (taxable) and I was scratching my head. It makes more sense in a retirement account. But wouldn't a big chunk of stock like this put you over the yearly IRS limits? I don't remember what they are, but I thought you couldn't put more than $45,000 or so away for the year.
The IRS limit is a CONTRIBUTION limit. and the stock was contributed when it was about $4/share. What happens after it goes in is irrelevant for IRS purposes.