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PROBLEMS: 22. - 25. Rose comes to you to prepare her individual income tax return. With respect to the preparation of her 1040 schedule D.

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PROBLEMS: 22. - 25. Rose comes to you to prepare her individual income tax return. With respect to the preparation of her 1040 schedule D. you are provided with the following information. How would you treat the following items by setting forth: (1) the selling price, (2) her cost basis, (3) the amount of her taxable gain or tax deductible loss and (4) whether it was a Long-Term or a Short-Term Capital Gain or Loss: 22. Rose purchased stock options on May 1, 2019 for $15,000, which she did not exercise and which expired on September 28, 2019. 23. On August 10, 2019 Rose sold her personal use motorboat for $15,000 that cost her $25,000 when she purchased it new on March 1, 2016. 24. On September 10, 2019, Rose sold her Ford Motor Corporation stock for $11.900 that she purchased as an investment on September 10, 2018 for $5,900

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