Julie received stock as a gift from her mother in June 2024. He mother had...
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Accounting
Julie received stock as a gift from her mother in June He mother had paid $ for the stock years ago, and had held the stock as an investment. At the time of the gift, the stock had a FMV of $ In September Julie who also held the stock as an investment sold the stock for $ What is the amount and character of the gainloss recognized by Julie as a result of the sale? option
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