Sandi sells 100 shares of Gray Corporation stock on December 4,2013.She inherited the stock from Christine,who died on January 30,2013.The executor of the estate used the primary valuation date.Sandi's holding period for the stock is

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When an individual inherits stock, their holding period starts on the date of the decedent's death. In this case, Christine died on January 30, 2013, and Sandi sold the stock on December 4, 2013, which is more than one year after the date of death. Thus, Sandi's holding period for the stock is considered long-term. It does not matter how the executor of the estate valued the stock, as the holding period is determined based on the date of death of the decedent.

Sandi Sells 100 Shares of Gray Corporation Stock on December