Kevin bought 230 shares of Intel stock on January 1, 2020, for $62 per share, with a brokerage fee of $130. Then, Kevin sells all 230 shares for $81 per share on December 12, 2020. The brokerage fee on the sale was $180. What is the amount of the gain/loss Kevin must report on his 2020 tax return?
A) $3,750.
B) $4,060.
C) $4,370.
D) $4,680.
E) None of the choices are correct.
Correct Answer:
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