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In what tax schedule does it go? 10. Melissa received a Form 1099-B from her broker for the sale of the following securities during 2020.
In what tax schedule does it go?
10. Melissa received a Form 1099-B from her broker for the sale of the following securities during 2020. The basis amounts were reported to the IRS. (Reminder: Long Term Capital Gains get a special rate.) Security IBM stock Apple stock Purchase Date 6/30/2009 1/1/2015 Sales Date 12/31/2020 12/31/2020 Sales Price $ 15,000 $ 12,000 Cost Basis $ 6,000 $ 11,000 10. Melissa received a Form 1099-B from her broker for the sale of the following securities during 2020. The basis amounts were reported to the IRS. (Reminder: Long Term Capital Gains get a special rate.) Security IBM stock Apple stock Purchase Date 6/30/2009 1/1/2015 Sales Date 12/31/2020 12/31/2020 Sales Price $ 15,000 $ 12,000 Cost Basis $ 6,000 $ 11,000 Step by Step Solution
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