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Assume US Citizen M inherited stock worth $10,000,000 from her mother, who was a citizen of France. M's mother had a tax basis in the

Assume US Citizen M inherited stock worth $10,000,000 from her mother, who was a citizen of France. M's mother had a tax basis in the stock of $9,000,000. M subsequently sold the stock for $8,000,000.

What is M's taxable gain or loss, if any?

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