Business, 13.11.2019 02:31 plshelpme53

Hannah tywin owns 100 shares of mm inc. stock. she sells the stock on december 11 for $25 per share. she received the stock as a gift from her aunt pam on march 20 of this year when the fair market value of the stock was $18 per share. aunt pam originally purchased the stock seven years ago at a price of $12 per share. what is the amount and character of hannah’s recognized gain or loss on the stock?

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Hannah tywin owns 100 shares of mm inc. stock. she sells the stock on december 11 for $25 per share....

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