Birdwatch Note Rating
2022-12-18 05:05:30 UTC - HELPFUL
Rated by Participant: 3E4BB96CF6A0BA81E1CCDE63A16BBCA0CF1E9B4275866189B0912D772BCDE899
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