Karen purchased 100 shares of NASA stock for $6 per share in 2018 (Year 1). On July 1, 2020 (Year 3), Karen sold the 100 shares for $4 per share. On July 16, 2020 (Year 3), Karen repurchased 25 shares for $5 per share. In computing Karen's 2020 (Year 3) taxable income, she may deduct a capital loss in the amount of

		$0
		$75
		$150
		$200

Answer rating: 100% (QA)

Correct option is C 150 Wash sale loss is an exception ... View the full answer