4) Ann has the following stock transactions. What amount is included in her gross income...
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4) Ann has the following stock transactions. What amount is included in her gross income if ~she paid a $200 selling commission for each sale?
Purchases: 100 shares of IBM total purchase price $55,000 - 50 shares of ATT Total Purchase price $7,500 50 Shares of GE Total purchase price $5,500
Sales:
Sold 100 shares of IBM for $60,000 Sold 50 shares of ATT for $6,500 What amount should be included as income?
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