On July 1, 2022, Gwen purchased an XYZ September 50 Put for $450. The option expired on September 17, 2022. How should this be reported on Gwen's 2022 return? No gain or loss. $450 of capital gain. $450 of capital loss. $450 of investment expense.

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Q: On December 28, 2020, Kramer sells 150 shares of Lavender, Inc. stock for $77,000. On January 10,…

A: loss is $ 4,000basis for new shares is 90,000

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A: ANSWER :

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A: Loss deduct = purchases - sales Given purchases = 31000 Sales = 10000

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A:

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Q: A7

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