Every year, when I do my taxes, losses on Etsy RSU shares offset my capital gains. Because Etsy stock keeps going down, I never have to worry about paying capital gains tax. I sell enough shares to offset my gains from other investments, and my tax liability is zero. If you regularly have large capital gains, joining Etsy at a senior level might be the perfect tax offset for you.
Idk if you're joking or serious. But we're in the same boat so I get it
Lyft is up 100% YoY?
Zoom out, worse than Etsy
Great tip! A few thousands in losses can save you ten minutes of taxes.
F
Yes, you’d be smart to offload underperforming RSUs and reinvest.
Wasn't your business growing? Why the stock going down?
Business is going down fast. Temu is the new Etsy whether we like it or not.
Excuse my ignorance, but is Etsy's business model similar to Temu? What's the difference
Not just Etsy. Snap provides this valuable perk as well!
It also went up from $7 to $300. Many long timers are probably not complaining.
OP's glass is half full!
The IRS limits your annual capital loss deduction to $1500 ($3000 for a couple).
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