Marta holds 300 shares of Mosite Inc stock that are currently worth $900.She paid $1,200 for the shares three years ago.In an attempt to lower her taxable income for the year, she sells the stock for $900 to get the $300 loss, and purchases the 300 shares of Mosite back 4 days later for $900.Which of the following is true?

Group of answer choices

Marta will not be allowed to deduct the loss in the current year.

None of these.

Marta may deduct the $300 this year, but only as an itemized deduction

Marta's AGI for the year will be lowered by $300.