TAX YEAR 2022

Question 46 0 out of 2 points - On Februry 1, he purchased 100 shares of the stock for $150 /share, the stock was overvalued but the stock price continued to climb. - On March 1, he sold the 100 shares for $100 /share. He was so disappointed he thought the stock was a sure thing! - On March 20, he repurchased 85 shares for $110 /per share. The stock price started climbing again and he wanted a piece of the action. What is the adjusted cost basis of the stock purchased on March 20 ? Question 47 0 out of 1.5 points Which of the following statements regarding tax credits is true? Question 48 0 out of 1.5 points All of the following are "for AGIGedeductionsexcept: Question 49 0 out of 2 points nearest whole dollar amount? Question 50 0 out of 1.5 points If tax rates will increase the following year: Question 51 proceeds must Paula include in income