fte fair market value of taxable stock rights at the date of distribution represents both the amount of income and the basis of the rights.

Name: fte fair market value of taxable stock rights at the date of distribution represents both the amount of income and the basis of the rights.
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Question

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The fair market value of taxable stock rights at the date of distribution is used to calculate both the amount of income and the basis of the rights.

Fte Fair Market Value of Taxable Stock Rights at the Date