On April 18, 2019, Jane Juniper purchased 30 shares of Bryan Corp. stock for $210, and on

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On April 18, 2019, Jane Juniper purchased 30 shares of Bryan Corp. stock for $210, and on September 29, 2019, she purchased 90 additional shares for $900. On November 28, 2019, she sold 48 shares, which could not be specifically identified, for $576 and on December 8, 2019, she sold another 25 shares for $188. What is her recognized gain or loss?

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CCH Federal Taxation Basic Principles 2020

ISBN: 9780808051787

2020 Edition

Authors: Ephraim P. Smith, Philip J. Harmelink, James R. Hasselback

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