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Posted on Oct 18, 2024

On September 1 9 , 2 0 2 3 , an investor purchases 5 , 0 0 0 shares of Baritone Corporation for $ 5

On September

19, 2023,

an investor purchases

5, 000

shares of Baritone Corporation for $

5, 000 .

On March

31, 2024,

the stock became worthless. What is the deductible gain or loss in

2024

and how is it classified?

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