During March, 2020, Invest Inc. acquires 5,000 shares of Glee Ltd., a widely held public company for $18.95 per share. In May, 2020, the directors of Glee declare and pay a dividend of $1.50 per share. In September, 2020, Invest sells the 5,000 Glee shares for $16.75 per share. Invest Inc. has over $50,000 in 2020 taxable capital gains on other share transactions.
What is the amount of the allowable capital loss, if any, that Invest Inc. will include in its tax return for the taxation year ending December 31, 2020?

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The Answer of During March, 2020, Invest Inc. acquires 5,000 shares of Glee Ltd., a widely held public company for $18.95 per share. In May, 2020, the directors of Glee declare and pay a dividend of $1.50 per share. In September, 2020, Invest sells the 5,000 Glee shares for $16.75 per share. Invest Inc. has over $50,000 in 2020 taxable capital gains on other share transactions.
What is the amount of the allowable capital loss, if any, that Invest Inc. will include in its tax return for the taxation year ending December 31, 2020?