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On May 24, 2019, Bob sold for $21,000 stock inherited from his father.His father died on June 14, 2017, when the fair market value of
On May 24, 2019, Bob sold for $21,000 stock inherited from his father.His father died on June 14, 2017, when the fair market value of the stock was $9,000.Bob's father paid $7,000 for the stock in 2011.
Would this be considered taxable if it is an inheritance of stock?
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