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In 2022, Ann received 1,000 shares of stock as a gift from Tim,who had purchased them in 2013. At the time of the gift, the
In 2022, Ann received 1,000 shares of stock as a gift from Tim,who had purchased them in 2013. At the time of the gift, the FMV ofthe stock was $30,675 and Timâ??s basis was $33,200. If Ann sells th 2 answers
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