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The one hundred shares of outstanding common stock of Durkiem Corporation are owned by trier and rhien who are not related to each other. Trier
The one hundred shares of outstanding common stock of Durkiem Corporation are owned by trier and rhien who are not related to each other. Trier owns shared & Ehein owns shares. The shareholders acquired their stock in abd each shareholder has a basis in their stock of $ per share. During the tax year Trier sold of her shared back to Durkeim corporation for $ Assuming that Durkeim corporation has substantial earnings & profits, how will trier be taxed on the redemption of her stock? dividend income of $ long term capital gain of $ long term capital gain of $ dividend income of $
The one hundred shares of outstanding common stock of Durkiem Corporation are owned by trier and rhien who are not related to each other. Trier owns shared & Ehein owns shares. The shareholders acquired their stock in abd each shareholder has a basis in their stock of $ per share. During the tax year Trier sold of her shared back to Durkeim corporation for $ Assuming that Durkeim corporation has substantial earnings & profits, how will trier be taxed on the redemption of her stock?
dividend income of $
long term capital gain of $
long term capital gain of $
dividend income of $
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