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Return to question 52 Ramon received a gift of stock from his uncle. The basis of the stock to his uncle was $25,000, and it

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Return to question 52 Ramon received a gift of stock from his uncle. The basis of the stock to his uncle was $25,000, and it had a FMV of $18,000 at the date of the gift. The donor held the property for more than one year. Complete the following chart under the independent situations shown: (Negative amounts should be indicated by a minus sign. If not applicable, leave cells blank.) 2.5 points Donor's basis FMV at gift date Ramon's seling price Basis to Ramon Taxable gain (if any) Deductible loss (if any) Answer is not complete. Situation Situation 2 Situation 3 $ 25.000 $ 25.000 25,000 $ 18,000 S 18.000 $ 18,000 $ 30,000 $ 15,000 $ 20,000 $ 25,000 S 18,000 $5,0000 0

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