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2022 CWM_LEVEL_1 Latest Exam Online, CWM_LEVEL_1 100% Correct Answers | New Chartered Wealth Manager (CWM) Certification Level 1 Examination Test Format - Ilviaio

Exam Code: AAFM CWM_LEVEL_1
Exam Name: Chartered Wealth Manager (CWM) Certification Level 1 Examination
Certification: AAFM Certification
Total Questions: 104 Q&As
Product Format: PDF + Engine

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NEW QUESTION: 1
A father bought stock for $100,000 and gave it to his son when it was worth $300,000. The father paid no gift tax on the transfer. When the son sold the property 2 years after the gift, his income tax basis was
A. 0
B. $100,000
C. $300,000
D. $200,000
Answer: B


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