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Business, 03.12.2021 20:30 texas101st78

Many years ago, a customer bought 100 shares of ABC stock at $15. The customer makes a single gift to his daughter this year of the stock when it is valued at $30. The stock is sold by the daughter when it is worth $60. For tax purposes, the daughter's cost basis in the security is:

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Many years ago, a customer bought 100 shares of ABC stock at $15. The customer makes a single gift t...

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