8 ms·
The initial RSU settlement is taxed as ordinary income. If they sell below the IPO price in future (e.g. to cover their remaining taxes) they'll indeed realize
by woodrow 7y ago
The initial RSU settlement is taxed as ordinary income. If they sell below the IPO price in future (e.g. to cover their remaining taxes) they'll indeed realize a capital loss but it can only be carried forward against future capital gains from e.g. longer-term holding of UBER or another stock, or using the $3000/year deduction for ordinary income.