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Business, 11.06.2020 03:57 hosteenimport21

Brittany callihan sold stock (basis of $184,000) to her son, ridge, for $160,000, the fair market value. a. what are the tax consequences to brittany? brittany will have a $ that is .

b. what are the tax consequences to ridge if he later sells the stock for $190,000? what are the tax consequences to ridge if he later sells the stock for $152,000? what are the tax consequences to ridge if he later sells the stock for $174,000?

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