What is the correct answer to the Taxation questions from 15 to 18

with a besis o s5a and subject to a liabelity of $25,000, for land with a takes the building subject to the liability. What is the amount of Richard 13) Rachard sells a building basis of the s0000 owned by Ball Bill realized gain? Answer er share for the stock on September 2, 2005 The FMV of the stock on the date of the FMV of the stock was $55 per share. The executor of Corporation Zero stock from his father who died on March 4 of the current vear. His father death was $50 per share. On September 4 this year, did not elect the alternate valuation amount and character of any gain or loss? Paid $30 the stock date. Monte sold the stock for $65 per share on December 3. What is the Answer 17) An anda, whose tax rate is 32% hadNSTCL of $25, LTCG from sale of a collectible held 15 months and a $18,000 LTCG from the sale liability increase? held for three years. By what amount will Amanda's tax Answer 18) Mitzi's 2018 medical expenses include the following: 1 health insurance fees tal fees $10,8 2, tion d lasses ral vitamins Mitzi's AGI for the year is $33,000. She is single and age 49. None of the medical costs are reimbursed by insurance. After considering the AGI floor, what is Mitzi's medical expense deduction