Question: In 2 0 2 2 , Susan lent Pat $ 2 , 0 0 0 as a gesture of their friendship, and the loan had

In 2022, Susan lent Pat $2,000 as a gesture of their friendship, and the loan had not been repaid in 2024 at the time when Pat died insolvent. For 2024, Susan should account for nonpayment of the loan as a(n)
A. Long-term capital loss.
B. Itemized deduction.
C. Ordinary loss.
D. Short-term capital loss.
In 2 0 2 2 , Susan lent Pat $ 2 , 0 0 0 as a

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