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Mke purchased stock In HDH Corporation 5 years ago for $15,000. This year he said it for $12,050 andthen paid a $250 sales commission to
Mke purchased stock In HDH Corporation 5 years ago for $15,000. This year he said it for $12,050 andthen paid a $250 sales commission to his brokee. He had no other capital gaina orkusten during the year. What a Mike's amount realized Enter any "pain" amounts as positive numbers and tow amounts as negative (es, a gain of $200 would be entered as 100 and a loss of $200 would be entered 3-200 (1 point per question) What is Mike's justed basis What is Mae'r gain or us? What is Mike's recognized gain or loss? How much of the gain or loss can Mike report in tax return
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