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Edward gave 15,000 shares of ABC stock to Valerie on July 15. On July 15, the highest selling price for the stock was $40 per
Edward gave 15,000 shares of ABC stock to Valerie on July 15. On July 15, the highest selling price for the stock was $40 per share, and the lowest selling price was $36 per share. What is the value of this gift before any exclusions?
28) Ginny made the following gifts during 2018. Her husband, Ken, made no gifts during the year.
Gift of land valued at $250,000 to her husband
Gift of $20,000 in stock to her daughter
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