Bit 🐳 Ish on Nostr: There's a timing issue though. Taxes are assessed on previous year but your stock ...
There's a timing issue though. Taxes are assessed on previous year but your stock value is market price. If imagine it's April 2025... your stocks appreciated crazy high in 2024 so u owe a huge amount of unrealized gains tax. But right now it's April 2025 and stocks tanked in February. You now have to sell at a loss to pay your unrealized gains taxes.
Published at
2024-08-21 14:31:41Event JSON
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