Carlos inherits 100 shares of Allied Corporation stock from his father. The stock cost his father ($8,000)

Question:

Carlos inherits 100 shares of Allied Corporation stock from his father. The stock cost his father $$8,000$ and had a $$25,000$ FMV on the date of his father’s death in 2023. The alternate valuation date was not elected. If Carlos sells the Allied Corporation stock for $$27,000$ what would be his taxable gain on the sale?

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