Business, 19.12.2019 21:31 brianogle4069

On june 1, 2019, brady purchased an option to buy 1,000 shares of general, inc. at $40 per share. he purchased the option for $3,000. it was to remain in effect for five months. the market experienced a decline during the latter part of the year, so brady decided to let the option lapse as of december 1, 2019. on his 2019 tax return, what should brady report?

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On june 1, 2019, brady purchased an option to buy 1,000 shares of general, inc. at $40 per share. he...