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Get your taxes done using TurboTax
Thanks for the explanation.
In my case, the item was a small electronic speaker (retails for less than $50) that my family member received (along with every other employee) at a work party. I don't believe this item was part of my family member's income or W2.
I'm assuming then the cost basis is $0 correct?
‎April 7, 2025
4:22 PM