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Chuck is an investment advisor and buyer/seller. He has stocks purchased worth $75,000. As of the end of the year, the stock is worth only

Chuck is an investment advisor and buyer/seller.

He has stocks purchased worth $75,000.

As of the end of the year, the stock is worth only $52,300.

What is the amount of the tax loss that Chuck can recognize?

A. $52,300

B. $22,700

C. $0

D. none of the above

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