McGraw-Hill's Taxation of Individuals 3rd Edition by Brian Spilker,Benjamin Ayers,John Robinson,Edmund Outslay ,Ronald Worsham,John Barrick,Connie Weaver

Exercise 78

{Planning} Clark owns stock in BCS Corporation that he purchased in January of the current year.The stock has appreciated significantly during the year.It is now December of the current year, and Clark is deciding whether or not he should sell the stock.What tax and nontax factors should Clark consider before making the decision on whether to sell the stock now