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    Business
  3. Study Set
    Federal Taxation
  4. Exam
    Exam 19: Gross Income: Inclusions
  5. Question
    The Recipient of a Taxable Stock Dividend Includes the Value
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The Recipient of a Taxable Stock Dividend Includes the Value

Question 73

Question 73

True/False

The recipient of a taxable stock dividend includes the value of the stock received in gross income and that amount becomes the basis for the stock received.

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