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On April 1 0 , 2 0 2 3 , Lisa purchased an option to buy 2 , 0 0 0 shares of Specific, Inc.
On April Lisa purchased an option to buy shares of Specific, Inc. at $ per share. She purchased the option for $ It was to remain in effect for five months. The marke
experienced a decline during the latter part of the year, so Lisa decided to let the option lapse as of September On her tax return, what should Lisa report?
a A $ shortterm capital loss.
b A $ longterm capital loss.
c A $ ordinary loss.
d A $ Sec. loss.
e An $ shortterm capital loss.
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