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On April 22, 2019, Al Aikens, a calendar taxpayer, purchased stock in Webster Corp. for $15,000. What is the nature of Al's loss if Webster

On April 22, 2019, Al Aikens, a calendar taxpayer, purchased stock in Webster Corp. for $15,000. What is the nature of Al's loss if Webster Corp. files for bankruptcy and Al's stock becomes worthless on the following dates?

a. December 20, 2019

b. January 17, 2020

c. September 19, 2020

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