BILL Holdings (BILL) NSO Exercise Calculator

Calculator · free · no signup · BILL

Plan your BILL Holdings NSO exercise — federal, state, FICA — and compare sell-vs-hold for long-term capital gains.

Beta · invite-only · AlphaLatitude Inc. · Free Tools

Your grant

pre-IPO? enter price manually

Tax inputs

Hold strategy

1 yr

@ 20.0% / yr

20%
10.0%

Best after-tax payout — at year 1

$199,194

Sell + invest wins by $20,795 over Hold 1 yr.

Your NSO exercise pushes your top federal rate from 24% to 35%. Hover the Federal value below for the bracket-by-bracket slicing.

Sell + invest

Best payout
Bargain element (sale − strike)$350,000
Federal
State
Medicare$5,075
Additional Medicare$3,150
Market gain over 1 yr at 10.0%$18,583
LTCG on diversified gain (fed + state + NIIT)$5,222
Net at year 1$199,194

Sell every share immediately; invest the after-tax cash at the market return for 1 yr, then liquidate. Diversified — no single-stock concentration risk.

Exercise + hold 1 yr

Sale proceeds (year 1)
LTCG tax (federal + state + NIIT)$0
Net at year 1$178,399

Sold 2,677 shares at exercise to cover strike + tax; 2,323 shares held 1 yr for LTCG.

Social Security + Medicare are payroll taxes (collectively called FICA) — they apply because you're exercising as a current employee.

Both columns are stated in year-1 dollars: sell-now proceeds compound at the market return and pay LTCG on the gain at year 1; any cash paid out of pocket on the hold side carries the same opportunity cost.

Net at year N — by hold period

Sell + investExercise + hold
$0$54K$108K$162K$216KYr 1Yr 2

Estimates only. Excludes AMT (NSOs do not trigger AMT), state-AMT, multi-state moves, and disqualifying-disposition edge cases. Not financial advice.

About BILL Holdings

BILL Holdings (BILL) is a public Fintech company. IPO'd Dec 12, 2019.

Last close: $38.32 per share (as of 2026-05-06).

Equity grants at BILL Holdings typically include non-qualified stock options (NSOs) and restricted stock units (RSUs).

René Lacerte, whose grandfather founded Lacerte Software (later acquired by Intuit), started BILL in April 2006 in San Jose to automate accounts payable and receivable workflows for the small and mid-size businesses he had watched struggle with paper checks and manual approvals. The platform integrates with accounting software to digitize invoice ingestion, approval routing, and payment execution across ACH, check, card, and international wire, processing more than $300 billion in payment volume annually. BILL IPO'd on NYSE in December 2019 and reported $1.27 billion in revenue in fiscal year 2024.

Sources: en.wikipedia.org · fintechleaders.substack.com

OptionsAhoy is an independent tool and is not affiliated with, endorsed by, or sponsored by BILL Holdings.

BILL Holdings (BILL) is a public Fintech company. IPO'd Dec 12, 2019. Use this calculator to estimate your NSO exercise tax (federal, state, FICA), then compare selling now versus holding through the long-term capital gains threshold. Inputs are yours — grant terms, current price, your income, your state.

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