Birdwatch Note Rating
2022-12-25 22:07:59 UTC - HELPFUL
Rated by Participant: F346DD8C24C56D262ACC4658E8B7F1E46D12202E90038DD972CC22F715354FBC
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