3 ms·

I don't think FAANG young engineers earn $250k cap gains a year.

• qshaman 6y ago
  https://www.levels.fyi/ https://www.levels.fyi/
  • lostmsu 6y ago
    This is total income, not cap gains man.
    • qshaman 6y ago
      when you sell your stonks, then that becomes capital gains
      • lostmsu 6y ago
        No it doesn't, unless stock grows much.
  • loeg 6y ago
    RSUs are ordinary income, not capital gains.
    • efficax 6y ago
      RSUs are taxed as ordinary income but when they vest they become (usually) class A shares. The sale of those shares will incur capital gains taxes, if there is a gain.
      • loeg 6y ago
        Sale at time of vest would have zero or likely negligible capital gain/loss, and then it's the same as any other income. Yes, if you hold the shares (much like buying any other stock with your income), and it appreciates, you would have capital gains. Re levels.fyi, the compensation figures are just time of vest.
      • triceratops 6y ago
        So sell just enough to stay under the $250k/year in cap gains. I'm still not seeing a problem here.