Internal Revenue Service United States Department of the Treasury
Level Basic Advanced Military International

Income — Capital Gain or Loss Workout

Holding Period

Case Study 4: Basis and Holding Period (cont.)

The scenario continues. Henry's original basis in the 1,000 shares of ZZZ Corporation stock he purchased was $5,100, including the commission.

On February 14, 2024, he sold 500 shares for $3,300.

What is the adjusted basis of the stock he sold?

$5,100
$2,550
$3,300
$3,255


Henry.