The Importance of Stock Being Designated § 1244 Stock Is

The importance of stock being designated § 1244 stock is which of the following?

A) Any loss on the stock is deductible as an ordinary loss.
B) It can be sold by the shareholder at a premium because of the availability of the ordinary loss deduction to the new owner.
C) The first $50,000 of each year's loss ($100,000 on a joint return) on the stock may be deducted as an ordinary loss.
D) More than one but less than all of the above are true.
E) All of the above are true.