Birdwatch Note Rating
2022-12-18 05:05:30 UTC - HELPFUL
Rated by Participant: CDF50248833830219E2174250FBC7BE85FD715C942E6A9E29D03A9EBC7E08D0D
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