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Kevin bought 270 shares of Intel stock on January 1, 2018 for $78 per share with a brokerage fee of $170. Then, Kevin sells all

Kevin bought 270 shares of Intel stock on January 1, 2018 for $78 per share with a brokerage fee of $170. Then, Kevin sells all 270 shares for $89 per share on December 12, 2018. The brokerage fee on the sale was $220. What is the amount of the gain/loss Kevin must report on his 2018 tax return?

Multiple Choice

  • $2,970.
  • None of the choices are correct.
  • $2,580.
  • $2,190.
  • $3,360.

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