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Business, 22.06.2019 20:00 kykylove1126

Gwen inherited 100 shares of supershoes stock when her mother died on october 21, 2014; the fair market value of the stock was $20 per share. her mother paid $200 per share when she purchased the stock march 1, 2005. if gwen sells all 100 shares for $50 per share on july 3, 2016, how should she report the sale on her income tax return for 2016?

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Gwen inherited 100 shares of supershoes stock when her mother died on october 21, 2014; the fair ma...
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