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Michelle and Patrick are in the 24% marginal tax bracket. They bought 100 shares of DJN stock at $45 per share and sold them 4

Michelle and Patrick are in the 24% marginal tax bracket. They bought 100 shares of DJN stock at $45 per share and sold them 4 years later in 2019 at $22 per share? By how much did their loss reduce their taxes in the year when they sold the stock?

a. $0

b .$552

c. $345

d. $1,260

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