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Kevin bought 200 shares of Intel stock on January 1, 2016 for $50 per share with a brokerage fee of $100. Then, Kevin sells all
Kevin bought 200 shares of Intel stock on January 1, 2016 for $50 per share with a brokerage fee of $100. Then, Kevin sells all 200 shares for $75 per share on December 12, 2016. The brokerage fee on the sale was $150. What is the amount of the gain/loss Kevin must report on his 2016 tax return?
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