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Business, 04.08.2021 21:20 ayoismeisalex

In May of 2021, Rafael sold shares of qualified small business stock for $1,000,000 that had a basis of $200,000. He had held the stock for 3 months. Forty-five days after the sale he purchased other qualified small business stock for $1,100,000. How much of the gain will Rafael recognize

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In May of 2021, Rafael sold shares of qualified small business stock for $1,000,000 that had a basis...
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