Hamlet, a calendar year taxpayer, owns 1,000 shares of Vanity Corporation common stock, which he purchased two years ago for $4,000. Hamlet sells all of his shares on December 29, 2018, for $2,500. On January 23, 2019, he purchases 600 shares of Vanity Corporation common stock. What is the amount of Hamlet's recognized loss in 2018?

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The Answer of Hamlet, a calendar year taxpayer, owns 1,000 shares of Vanity Corporation common stock, which he purchased two years ago for $4,000. Hamlet sells all of his shares on December 29, 2018, for $2,500. On January 23, 2019, he purchases 600 shares of Vanity Corporation common stock. What is the amount of Hamlet's recognized loss in 2018?

Hamlet, a Calendar Year Taxpayer, Owns 1,000 Shares of Vanity