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Harold bought stock in Macy's, inc. on Jan 23, 2019. It has performed really well,...

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Accounting

Harold bought stock in Macy's, inc. on Jan 23, 2019. It has performed really well, and on December 20,2019 he decides he would like to sell the stock in order to lock in the gain. What advice would you give him from a tax perspective? Assume the price will not change much for the foreseeable future.

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