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Several years ago, Charles acquired some section 1244 stock in the formation of business that operated a doughnut shop. He acquired the stock for $100,000

Several years ago, Charles acquired some section 1244 stock in the formation of business that operated a doughnut shop. He acquired the stock for $100,000 as an original investor and then decided to sell the stock a few weeks ago. He sold the stock for $15,000. Charles is single. How does he report the income or loss from this transaction on his individual income tax return?

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