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richard bought 100 shares of blue sun in 2020 for $5000. he paid $50 in commission! in 2021 he received a nondividend distribution of $323.
richard bought 100 shares of blue sun in 2020 for $5000. he paid $50 in commission! in 2021 he received a nondividend distribution of $323. the distribution represented a nontaxable return of capital. there were no other dividend payments or distributions. Richard sold the stock in 2022. what is his basis at the time of sale?
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