Question: Remaining Time: 2 hours, 48 minutes, 28 seconds. Question Completion Status: Click Submit to complete this assessment. Question 30 A taxpayer reported the following information
Remaining Time: 2 hours, 48 minutes, 28 seconds. Question Completion Status: Click Submit to complete this assessment. Question 30 A taxpayer reported the following information in years 20x1 and 20x2: 6/15/x1: buy a put option on 50 shs of BIG Corp for $1,500 12/1/xt: buy a call option on 50 shs of BIG Corp for $1,250 12/15/1: sell the put option for $1,300 12/311x1: the call option has a fair market value of $1,275 6/30/X2: sell the call option for $1,400 What is the amount and character of taxable income/loss recognized in 20x12 $175 short-term capital loss b. 5200 short-term capital loss . $225 short-term capital loss 23175 short term capital loss and $25 short-term capital gain Click Submit to complete this assessment. 13 sty Sw Mute X End Camera Off Live Photo
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