is this put onto form 4797 or schedule d? - 5 VITO...
70.2K
Verified Solution
Link Copied!
Question
Accounting
is this put onto form 4797 or schedule d? 
- 5 VITO On September 1, 2018, Kevin sold for $36,000 investment property (500 shares of Metal Works Inc.) which he had received from his father in 2016. His father's basis in the property at the time of the gift was $30,000 and the fair market value was $35,000. His father had owned the stock for at least 10 years prior to making the gift
is this put onto form 4797 or schedule d?
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.