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Remaining Time: 2 hours, 41 minutes, 45 seconds. Question Completion Status: Moving to another question will save this response. Question 13 A taxpayer reported the
Remaining Time: 2 hours, 41 minutes, 45 seconds. Question Completion Status: Moving to another question will save this response. Question 13 A taxpayer reported the following information in years 20x1 and 20x2: .6/15/x1: buy a put option on 50 shs of BIG Corp for $1,500 6/18/x1: buy a call option on 50 shs of BIG Corp for $1,250 12/15/x1: sell the put option for $1,300 12/31/xt: the call option has a fair market value of $1,275 6/30/X2: sell the call option for $1,400 What is the amount and character of taxable income/loss recognized in 20x2? $150 short-term capital gain b.$125 short-term capital gain $150 short-term capital loss d. $125 long-term capital gain Moving to another question will save this response. sty A Sw Mute X End Camera Off Live Photo
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