Law
Law, 14.12.2021 17:30, marianaescamilla404

Sylvia bought stock in 2007 for $100. In 2010, she received a non-dividend distribution of $80. She did not include this amount in her income, but she reduced the basis of her stock to $20. She received a non-dividend distribution of $30 in 2020. What amount must Sylvia report as a long-term capital gain for 2020?

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Sylvia bought stock in 2007 for $100. In 2010, she received a non-dividend distribution of $80. She...

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