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by drdec 92 days ago
A popular technique is to be compensated in options. Don't exercise the options, but take out loans against them.
1 comments

This is incredibly tech-specific, where most workers make a small fraction of $1M a year.

Physicians don't get options, attorneys don't get options. This is a fairy tale answer not grounded in reality.

So what is your answer then?
I don't need an answer to point out that your response is relevant to probably 3 or 4 people every year who:

    - live in Washington State; AND
    - are compensated at least in part in options; AND
    - are compensated in excess of $1M a year; AND
    - are compensated far enough in excess of $1M a year that they are willing to spend time and money lowering that tax liability
But the answer is "you can't, at least not legally" for everyone except those few people.