Question: wash sales rules applies. Moving to another question will save this response. Question 4 estion 4 10 points Save A taxpayer owns 100 shares of
Moving to another question will save this response. Question 4 estion 4 10 points Save A taxpayer owns 100 shares of XYZ stock with a basis of $700. The shares are sold for $625. The taxpayer then purchases 100 shares of XYZ stock 30 days later for $650. What is the taxpayer's basis in the new XYZ stock? $650 $725 b $625 d $700 Moving to another question will save this response Question 4 of 5 tv w MacBook Pro Q 5 3 % 5 6 7 8 E R T Y U o F G H J C V . N . command option
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