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Income tax, according to the Gifts and Inheritances Ellen dies and leaves $500,000 and Apple stock worth $200,000 to her daughter Eve. Ellen paid $100,000

Income tax, according to the Gifts and Inheritances

Ellen dies and leaves $500,000 and Apple stock worth $200,000 to her daughter Eve. Ellen paid $100,000 for the Apple stock. Does Eve have any taxable income to report?

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