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Alexis purchased Blue Corporation stock for $15,000 in 20X4. Alexis sells the stock to her sister, Veronica, for $2,000 in 20X7. In 20X9, Veronica sells

Alexis purchased Blue Corporation stock for $15,000 in 20X4. Alexis sells the stock to her sister, Veronica, for $2,000 in 20X7. In 20X9, Veronica sells the bonds for $7,000 to a non-relative. What is the amount of Veronica’s taxable gain?

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($5,000) loss.

($3,000) loss.

$0. No gain, no loss.

$13,000 gain.

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