In January 2019, Judd Harrison decides to sell 100 shares in the Widget Company. Since April 2018,

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In January 2019, Judd Harrison decides to sell 100 shares in the Widget Company. Since April 2018, no stock dividends had been paid by the company. On the date the stock is sold the market price is \(\$ 12\) a share. What is the basis per share that Judd must use in computing any gains or losses?

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CCH Federal Taxation 2019 Comprehensive Topics

ISBN: 9780808049081

2019 Edition

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

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