Question: On June 1 , 2 0 2 4 Brady purchased an option to buy 1 0 0 0 shares of General Inc. at $ 4
On June Brady purchased an option to buy shares of General Inc. at $ per share. He purchased the option for It was to remain in effect for five months the market experienced to decline during the latter part of the year, so Brady decided to let the option slaps as of December on his tax return what should Brady report a $ longterm capital loss a loss a ordinary loss a short term capital loss
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