Benita Garibaldi
Thursday, November 10, 2011
Stock question...Bob purchased 100 shares...?
Bob purchased 100 shares of Badminton stock for $8 per share, and paid $50 in transaction costs at the time of the purchase. Two years later, Jerome sold his 100 shares at $10 per share. According to tax law, Bob's basis in the stock was how much?
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