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Assume you purchased 225 shares of Microsoft on September 1, 2017 for $74.50 per share and sold your entire position on August 1, 2020 for
Assume you purchased 225 shares of Microsoft on September 1, 2017 for $74.50 per share and sold your entire position on August 1, 2020 for $225 per share. Further assume that you earned $8.00 in dividends per share over the time you owned the stock.
Your short term capital gain is:
Your long term capital gain is:
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