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Business, 10.12.2020 16:50 lilquanreem8051

Sadie sold 12 shares of stock to her brother, George, for $700 16 months ago. Sadie had purchased the stock for $1,000 two years earlier. If George sells the stock for $1,300, what are the amount and character of his recognized gain or loss in the current year?

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Sadie sold 12 shares of stock to her brother, George, for $700 16 months ago. Sadie had purchased th...

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