p Flag question Med Out 500 The per Barney purchased 500 shares of Bell common stock for $20 per share. At year-end the Bell shares were only worth $2 per share. but can Bumpy deduct as a loss this year? ay deduct 510.000 only if he includes $1,000 in his taxable income. 10.000 done of the choices are correct - Barney is not entitled to a loss deduction