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Helen holds 6 0 0 shares of Fizbo Incorporated stock that she purchased 1 1 months ago. The stock has done very well and has
Helen holds shares of Fizbo Incorporated stock that she purchased months ago. The stock has done very well and has appreciated $share since Helen bought the stock. When sold, the stock will be taxed at capital gains rates the longterm rate is percent and the shortterm rate is the taxpayers marginal tax rate Ignore the time value of money.
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If Helens marginal tax rate is percent, how much would she save by holding the stock an additional month before selling?
What might prevent Helen from waiting to sell?
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