Birdwatch Note Rating
2024-01-07 11:15:01 UTC - HELPFUL
Rated by Participant: 003B7CADC3482D712FA93ADC14C5722E6371DF45921B43AFE6936BE446DD4CC6
Participant Details
Original Note:
By their very definition, unrealized gains are not income. They have not been realized. Once they are sold, then taxes are paid. https://www.investopedia.com/terms/u/unrealizedgainsandlosses.asp https://corporatefinanceinstitute.com/resources/knowledge/accounting/statement-of-comprehensive-income/ https://www.forbes.com/advisor/investing/unrealized-gains-and-losses/ The Balance: Understanding Unrealized Gains and Losses https://www.thebalance.com/unrealized-gains-and-losses-definition-and-examples-314076
All Note Details