My college grad will be starting their job next month. Their employer offers ESPP purchase at 15% discount. Company stock is one the the most stable stocks as of today. I don’t completely know the tax implications of ESPP. I read somewhere that it’s advised to sell ESPP right away to lock 15% savings but don’t know what it means tax wise. Would appreciate any information on ESPP taxation and information if they should hold or sell right away.
Perhaps this from the IRS may be relevant?
https://www.irs.gov/faqs/capital-gains-losses-and-sale-of-home/stocks-options-splits-traders/stocks-options-splits-traders-5
Thank you!