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Capital Stock Transactions Michael sold the following securities during 2022: Company Shares Selling Price Date sold Date Acquired Tax Basis Gain/Loss Company Shares Selling Price

Capital Stock Transactions Michael sold the following securities during 2022:

Company Shares Selling Price Date sold Date Acquired Tax Basis Gain/Loss

Company Shares Selling Price Date sold Date Acquired Tax Basis Gain/Loss
IBM 2,000 185,000 12/01/22 10/15/18 200,000
TI 1,000 28,000 06/12/22 02/21/10 8,000
GE 1,000 30,000 12/08/22 06/15/22 50,000
AAPL 1,000 85,000 11/15/22 02/07/22 80,000
AMC 500 12,500 12/20/22 09/12/22 20,800

Sale of Principal Residence: (see Note 4) Date of sale 06/30/2022 ; Date Acquired 01/01/2010; Selling price $1,560,000 ; Adj. Basis 950,000; other selling expense 34,000; commission 4% of sale price.

Note 4 - Sale of Residence: Mr. & Mrs. Lapin lived in this house for many years. It was acquired in 2010 at a cost of $850,000 and it was their principal residence. Over the years they made major improvements to their home and all capital improvements are documented. Mr. & Mrs. Lapin wish to avail themselves of the $500,000 gain exclusion under IRC Sec 121.

Taxes Paid NYS & NYC Income Taxes . See W-2 information NYS Sales Taxes on purchase of Boat & living expenses $15,200 Real Estate Taxes 28,000 Personal Property Taxes 10,000

The Lapin' W-2 information:

Michael Diana
Gross wages 140,000 80,000
Federal Withholding Taxes 50,000 20,000
NYS Withholding Taxes 10,000 7,000
NYC Withholding Taxes 8,000 5,000

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