ST Alpha - "Same. Might have to make them "realized" in order to pay the tax when they were unrealized? This is an ultrarich problem but " (Reading a Post)

SlickerTalk
Search Archives
The Leaderboard
The FAQ

Login
Create Account

Search Dr. S. Talk
TT/ST Wiki
How Well Do You Know ...

RSS Feed

Hosting by DigitalOcean

Support ST on Ko-Fi

Down to Post

Backboards:

Posts: 153

In response to "The unrealized part I'm not sure on.... -- nm" by ty97

Same. Might have to make them "realized" in order to pay the tax when they were unrealized? This is an ultrarich problem but

Posted by zunk xometimes (aka zunkskunk) Mar 28 '22, 09:37

they going to get taxed on the profit when they sell too?

Responses:

And that’ll tank the markets…you can’t drop tens of millions of shares without harming the stock price - Will Hunting Mar 28, 09:48 3
- You can avoid that by only considering year-over-year changes in unrealized gains. -- nm - znufrii Mar 28, 09:52 2
  - So Musk owes 30bil instead of 40. - Will Hunting Mar 28, 09:54 1
    - As long as I get $99,999,999 of it, I'm good. -- nm - Todd Manning Mar 28, 10:01
I’m imagining any payments would need to be available as a credit against future gains to avoid double taxation. -- (edited) - znufrii Mar 28, 09:43 1
- Fwiw, here’s what I came up with last year. -- (link) - znufrii Mar 28, 09:49

Post a message top

Replies are disabled on threads older than 7 days.