Business
Business, 22.11.2019 05:31, tank6492

John bought 1,000 shares of intel stock on october 18, 2014, for $30 per share plus a $750 commission he paid to his broker. on december 12, 2017, he sells the shares for $42.50 per share. he also incurs a $1,000 fee for this transaction.
what is john's adjusted basis in the 1,000 shares of intel stock?

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Answers: 2

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John bought 1,000 shares of intel stock on october 18, 2014, for $30 per share plus a $750 commissio...

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