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Question 12 of 15 Dara sells shares of stock she acquired by exercising options granted to her under an employee stock purchase plan (ESPP). The

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Question 12 of 15 Dara sells shares of stock she acquired by exercising options granted to her under an employee stock purchase plan (ESPP). The price she paid when she purchased the stock was the fair market value at the time; no discount was available. If Dara sells the stock for a profit in a qualifying disposition, how does she report the difference between her basis and the sale price? Compensatio Ordinary income Short-term capital gain. Long-term capital gain. Mark for follow up n income subject to income tax, as well as social security and medicare taxes. Question 12 of 15 Dara sells shares of stock she acquired by exercising options granted to her under an employee stock purchase plan (ESPP). The price she paid when she purchased the stock was the fair market value at the time; no discount was available. If Dara sells the stock for a profit in a qualifying disposition, how does she report the difference between her basis and the sale price? Compensatio Ordinary income Short-term capital gain. Long-term capital gain. Mark for follow up n income subject to income tax, as well as social security and medicare taxes

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