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Kain bought 200 shares of Intel stock on January 1, 20x3, for $50 per share, with a brokerage fee of $100 Then, Kevin sells
Kain bought 200 shares of Intel stock on January 1, 20x3, for $50 per share, with a brokerage fee of $100 Then, Kevin sells all 200 shares for $75 per share on December 12, 20x3. The brokerage fee on the sale was $150 what is the amount of the gain loss Kevin must report on his 20x3 tax return? [Select] What is the character of the gain/loss? [Select]
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