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tax 2020 Joan sold stock to her daughter Jasmine for $10,000. Joans basis in the stock was $12,000 at the time of the sale. The

tax 2020

Joan sold stock to her daughter Jasmine for $10,000. Joans basis in the stock was $12,000 at the time of the sale. The next year, Jasmine sells the stock for $18,000. What is Jasmines gain on the sale of the stock? a. $8,000 b. $6,000 c. $2,000 d. no gain

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