In my company I can contribute upto 10% of my gross income for ESPP. It will be deducted every month from my salary at the end of every 6 month company will buy stocks for me at 15% discounted price(in USA). My question is what will be my taxable income here total 100% or 90%(10% going to ESPP) of my total gross.
1 Answers
Your taxable income will be total 100%. 10% amount is also part of your income, which is used here to buy stocks.
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