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On January 1, year 1, Dave received 2,450 shares of restricted stock from his employer, RRK Corporation. On that day, the stock price was $22

On January 1, year 1, Dave received 2,450 shares of restricted stock from his employer, RRK Corporation. On that day, the stock price was $22 per share. On receiving the restricted stock, Dave made the 83(b) election. Dave's restricted shares will vest at the end of year 2. He intends to hold the shares until the end of year 4, when he intends to sell them to help fund the purchase of a new home. Dave predicts the share price of RRK will be $34 per share when his shares best and will be $63 per share when he sells them. Assume that Dave's price predictions are correct and answer the following questions: answers blank. Enter zero if applicable. R. the nearest whole dollar value. Enter all a values.) a. What are Dave's taxes due if his ordinary mar term capital gains rate is 15 percent? Taxes Due Grant date Vesting date Sale date

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