Erik Purchased Qualified Small Business Corporation Stock on December 1,2010

question 56

Multiple Choice

Erik purchased qualified small business corporation stock on December 1,2010 and sold it for a $500,000 gain on December 12,2017.The gain subject to tax is

• A)$0.
• B)$500,000.
• C)$250,000.
• D)$125,000.

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Definitions:

Contingency Contract

A formal agreement between two parties where certain behaviors are linked with specific consequences or rewards.

Behavioral Change

The process of altering patterns of behavior, typically in order to improve health or social outcomes.

Reinforcements

In behavior psychology, any event that strengthens or increases the likelihood of a behavior occurring again.

Person-centered Therapist

A professional who practices a form of psychotherapy that emphasizes the importance of the individual's subjective experience and intrinsic capacity for self-healing and growth.