Should she sell the stock with the loss before year-end

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Reference no: EM131868908

Marie has a stock with an unrealized loss of $3,200. She acquired the stock in October of this year. She also has a long-term capital gain of $5,500 that she has realized this year. She expects no further capital gains this year, and has no other stocks with unrealized losses. Should she sell the stock with the loss before year-end, or wait until next year. Explain your reasoning.

Reference no: EM131868908

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