If I’m about to sell a bunch of ACN stock I’ve accrued over the years, and I already withheld tax, are there any other things I should be considering? Selling to diversify my portfolio.

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Can’t exchange if inside the ACN managed accounts. Make sure you’re only selling Long Term stock (over 12mo held) so at the lower tax rate, and that you had share withholding to cover taxes - otherwise you may get a little surprise :(

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The taxes withheld are to cover the discount which is treated as ordinary income. ST and LT capital gains will still apply. Definitely wait two weeks to defer for the year and only sell stocks held over a year.

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Maybe exchange instead of sell outright

Just remember you would. We’d separate tax withholding for this sale. The earlier tax withholding was to co we the 15% discount from ACN

Selling in 2017? Why not wait 2 weeks until 2018. It will defer your tax bill by 12 months

Tax is already withheld - so don’t have to worry about 2017 vs 2018

Depends on your tax band! ;)

Partner 1 / Business Strat M1 - thanks! That makes a lot more sense.

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