Ansel sells 400 shares of Sharpe, Inc., common stock on October 12, 2021 for $11,800 and pays $600 in commissions on the sale. He acquired the stock for $18,400 plus $800 in commissions on July 8, 2020. Ansel owns the following securities in December 2021:

What actions should Ansel take to optimize his capital gains and losses for 2021?

Transcribed Image Text:

Security Telio Corporation Perry, Inc. Header Company Number of Shares 400 300 600 Purchase 2/13/18 8/11/19 4/13/20 Date Market $ 7,000 27,000 20,000 Basis Value $ 2,000 12,000 14,000