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This year Jack O. Lantern incurred a $65,000 loss on theworthlessness of his stock in the Creepy Corporation (CC). Thestock, which Jack purchased in 2005,

This year Jack O. Lantern incurred a $65,000 loss on theworthlessness of his stock in the Creepy Corporation (CC). Thestock, which Jack purchased in 2005, met all of the §1244 stockrequirements at 2 answers

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