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Lawson purchased 100 shares of Jerzen stock for $6 per share in year 1. On July 1, year 3, Lawson sold the 100 shares for
Lawson purchased 100 shares of Jerzen stock for $6 per share in year 1. On July 1, year 3, Lawson sold the 100 shares for $4 per share. On July 16, year 3, Bo repurchased 25 shares for $5 per share. In computing Bo's year 3 taxable income, he ay deduct a capital loss in the amount of? Help, been stuck on this question for a while.
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