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Several years ago, Minjun, who is single, acquired 1244 stock in Blue Corporation at a cost of $186,800. He sells the Blue stock for $18,680
Several years ago, Minjun, who is single, acquired 1244 stock in Blue Corporation at a cost of $186,800. He sells the Blue stock for $18,680 in the current year
Determine the amount and nature of Minjun's gain or loss recognized this year.
Minjun's sale of Blue Corporation stock produces a total loss of _of which _ is treated as a capital loss.
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