If Wal-Mart stock increases in value during the tax year by $6,000, the amount realized is a positive $6,000.

Name: If Wal-Mart stock increases in value during the tax year by $6,000, the amount realized is a positive $6,000.
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Quizplus · Accepted Answer

The amount realized refers to the total amount received from a sale transaction. If Wal-Mart stock increases in value but is not sold, there is no transaction, and thus no amount realized. The $6,000 increase is an unrealized gain, not an amount realized.

If Wal-Mart Stock Increases in Value During the Tax Year