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Randy has ten shares of stock that he bought on march 1, year 1, for $10 each. on march 1, year 2, he sells all of the shares for $200. what is the income tax consequence of the…

Randy has ten shares of stock that he bought on march 1, year 1, for $10 each. on march 1, year 2, he sells all of the shares for $200. what is the income tax consequence of the…
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randy has ten shares of stock that he bought on march 1, year 1, for $10 each. on march 1, year 2, he sells all of the shares for $200. what is the income tax consequence of the sale?

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User Fewfre
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Answer:$150

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User Bgee
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