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Other Fields Homework Help Accounting Topic started by: Sheena Maskell on Jan 8, 2017



Title: In September of 2010, Michelle sold shares of qualified small business stock for $1,000,000 that had ...
Post by: Sheena Maskell on Jan 8, 2017
In September of 2010, Michelle sold shares of qualified small business stock for $1,000,000 that had a basis of $200,000. She had held the stock for 7 months. Forty-five days after the sale she purchased other qualified small business stock for $1,100,000. How much of the gain will she recognize?
A) $ -0-
B) $100,000
C) $800,000
D) $900,000


Title: Re: In September of 2010, Michelle sold shares of qualified small business stock for $1,000,000 that ...
Post by: Yoko900 on Jan 8, 2017
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Title: Re: In September of 2010, Michelle sold shares of qualified small business stock for $1,000,000 that had ...
Post by: Sheena Maskell on Mar 20, 2017
Perfect :raised_hands: