During 2014, Gary receives a $50,000 salary and has no deductions for AGI. In 2013, Gary had
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• An automobile purchased in 2009 for $10,800 and held for personal use is sold for $7,000.
• On April 10, 2014, stock held for investment is sold for $21,000. The stock was acquired on November 20, 2013, for $9,300?
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Related Book For
Federal Taxation 2015 Comprehensive
ISBN: 9780133807783
28th Edition
Authors: Thomas R. Pope, Timothy J. Rupert, Kenneth E. Anderson
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