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13. The Clarks have a long-term capital loss carryover of $7,000 from 2017. 14. On May 9, 2013, Maximilian Clark (Andy's favorite uncle) gifted him

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13. The Clarks have a long-term capital loss carryover of $7,000 from 2017. 14. On May 9, 2013, Maximilian Clark (Andy's favorite uncle) gifted him the family antique gun collection. Based on family records and qualified appraisals, the collection had an adjusted basis to Maximilian of $4,200 and was worth $13,000 on the date of the gift. Since Sarah abhors guns, Andy has been under heavy pressure to get rid of the collection. After Maximilian died in early 2018, Andy donated the collection to the Remember the Alamo Foundation. The transfer was made on December 5, 2018. At that time, several qualified appraisers valued the collection at $16,000. The museum added the guns to its extensive collection of firearms

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