Kevin bought 210 shares of Intel stock on January 1, 2020, for $54 per share, with a brokerage fee of $110. Then, Kevin sells all 210 shares for $77 per share on December 12, 2020. The brokerage fee on the sale was $160. What is the amount of the gain/loss Kevin must report on his 2020 tax return?
None of the choices are correct.
kevin should report gain of $4560 in the tax return.
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