Question: Mr . Forest, a single taxpayer, recognized a $ 2 5 2 , 0 0 0 loss on the sale of Section 1 2 4

Mr. Forest, a single taxpayer, recognized a $252,000 loss on the sale of Section 1244 stock. What is the character of this loss?
A) $50,000 ordinary and $202,000 capital
B) $100,000 ordinary and $152,000 capital
C) $252,000 capital
D) $252,000 ordinary

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