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Author Question: On July 25, 2015, Marilyn gives stock with a FMV of $7,500 and a basis of $5,000 to her nephew ... (Read 34 times)

dejastew

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On July 25, 2015, Marilyn gives stock with a FMV of $7,500 and a basis of $5,000 to her nephew Darryl. Marilyn had purchased the stock on March 18, 2015. Darryl sold the stock on April 18, 2016 for $7,800. As a result of the sale, what will Darryl report on his 2016 tax return?
◦ $300 STCG
◦ $300 LTCG
◦ $2,800 STCG
◦ $2,800 LTCG


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Marked as best answer by dejastew on Sep 13, 2020

TheDev123

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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dejastew

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Reply 2 on: Sep 13, 2020
Great answer, keep it coming :)


parshano

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Reply 3 on: Yesterday
Gracias!

 

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