Birdwatch Note Rating
2022-12-17 13:08:13 UTC - NOT_HELPFUL
Rated by Participant: 2DE022887FF8A3906DCB30B64DCB7923A6377257D4A6DA1C8EC55A44EC00E790
Participant Details
Original Note:
Individuals can only offset $3,000 in ordinary income per year with losses. https://www.irs.gov/taxtopics/tc409 Elon's 2018 stock options are compensation. The difference between the strike price and current price is taxed at ordinary income. Elon saves 24% on future capital gains but loses 100% for lower price
All Note Details