NEW! Line 24901 - Additional security options deduction
NEW! Line 24901 - Additional security options deduction
The additional security options deduction may increase the security options deduction from 1/3 (33.3333%) to 1/2 (50%) on the taxable benefit for security options included in income after June 24, 2024, that are not already fully deducted at line 24900 of your return.
If the securities have been gifted, the taxable benefit may be fully deducted at line 24900 of your return. For more information, see the Federal Worksheet.
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