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mbell1189 mbell1189
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4 years ago
In September of 2016, 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 17 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?

▸ $ 0

▸ $100,000

▸ $800,000

▸ $900,000
Textbook 
Federal Taxation 2017 Individuals

Federal Taxation 2017 Individuals


Edition: 30th
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NivinNivin
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4 years ago
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mbell1189 Author
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4 years ago
Thank you, thank you, thank you!
loki1345
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Yesterday
Thanks
gmiannotti
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2 hours ago
Correct Slight Smile TY
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