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Crypto Tax Question — stock option exercise timing

Started by worried_worker_TX · May 15, 2025 · 1,626 views · 18 replies
For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.
WW
worried_worker_TX OP

I'm in a difficult situation and trying to figure out my next steps.

stock option exercise timing. I've been dealing with this for about 3 months now and the situation isn't improving.

I have already done some research online but did not get a clear answer.

Has anyone been through something similar? What worked for you?

TL
Mod_TermsLaw Moderator

I've handled similar cases. Here's my take on the legal issues.

The legal framework here involves both federal and state law. At the federal level, the relevant statute. Your state may provide additional protections.

One important thing — there are strict deadlines for filing these claims. Don't wait too long.

JC
just_curious_homeowner_WA

NAL, but from what I've read, you should document everything. That said, definitely get a lawyer to look at the specifics.

HM
help_me_homeowner_NY

Just want to point out — the statute of limitations might be a factor here. In some states it's as short as 1-2 years. Don't sit on this too long.

EA
EstatePlanner_AZ

I've seen this play out several times in my field.

In my case, it took about 3-6 months to resolve. The key was having everything documented.

DP
desperate_parent_NY

Following this thread — I'm in a very similar situation. Would love to hear how it turns out.

AF
asking_for_friend_dev_question

Following this thread — I'm in a very similar situation. Would love to hear how it turns out.

AB
AgentBroker_TX

Not a lawyer, but I have direct experience with this.

What worked for me was hiring an attorney to send the initial letter. It took 2-4 months but was worth it.

VA
VCAnalyst_SF

Been there. Here's what I learned.

I ended up filing with the appropriate government agency, which cost about $4-8 but saved me a lot more in the long run.

AC
anon_creator_GA

I had a similar issue and ended up consulting with an attorney. It was worth the $200-300 for the initial consultation just to understand my rights.

NL
NursePractitioner_LA

Been there. Here's what I learned.

What worked for me was having everything documented. It took 3-6 months but was worth it.

FT
first_time_trader_legal

NAL, but from what I've read, you should check your state's specific laws. That said, definitely get a lawyer to look at the specifics.

CT
CryptoTrader_2023

I went through almost the exact same thing.

The biggest mistake people make in this situation is filing with the appropriate government agency. I'd recommend gathering evidence first instead.

NS
newbie_seller_OH

Following this thread — I'm in a very similar situation. Would love to hear how it turns out.

CA
ConsumerAdvocate

Not a lawyer, but I have direct experience with this.

I ended up having everything documented, which cost about $3-6 but saved me a lot more in the long run.

FT
first_time_buyer_legal

This happened to me too. Have you tried filing a complaint with the relevant agency? In my case they investigated and it got resolved without needing a lawyer.

PJ
Paralegal_Jen

Been there. Here's what I learned.

The biggest mistake people make in this situation is filing with the appropriate government agency. I'd recommend gathering evidence first instead.

TT
throwaway_trader_legal

Have you tried reaching out to your state's consumer protection office? They sometimes have free resources or mediation services.

LT
LandlordTom_TX

Been there. Here's what I learned.

I ended up hiring an attorney to send the initial letter, which cost about $2-4 but saved me a lot more in the long run.

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