Explain the purpose behind the 1231 look-back rule?
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The favorable rules of 1231 allow a taxpayer to treat a net 1231 loss as an ordinary loss The 1231 l...View the full answer
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Related Book For 
Taxation Of Individuals And Business Entities 2015
ISBN: 9780077862367
6th Edition
Authors: Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver
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