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On April 22, 2019, Al Aikens, a calendar year taxpayer, purchased stock in Webster Corp. for $15,000. What is the nature of Als loss if
On April 22, 2019, Al Aikens, a calendar year taxpayer, purchased stock in Webster Corp. for $15,000. What is the nature of Als loss if Webster Corp. files for bankruptcy and Als stock becomes worthless on the dates?
- December 20, 2019
- January 17, 2020
- September 19, 2020
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