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What would be included in miscellaneous income

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On January 15, of the current year, Paul's father died. From his father's estate, he received stock valued at $30,000 (father's basis was $12,000) and his father's house valued at $100,000 (father's basis in the house was $55,000).

Problem 1: What would be included in miscellaneous income?

Reference no: EM132806337

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