Deducting as an ordinary loss

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Reference no: EM13127672

Single person sells section 1244 stock for $10000. in exchange for that stock she paid $20000 in cash and transferred property with fair market value of $25000 with an adjusted basis of $30000. she contributed an additional $20000 to the corporation to help them. How much of her loss may she deduct as an ordinary loss?

Reference no: EM13127672

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