How do capital gains and Section 1231 gains enter into the computation of undistributed PHCI?

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CCH Federal Taxation Basic Principles 2020

ISBN: 9780808051787

2020 Edition

Authors: Ephraim P. Smith, Philip J. Harmelink, James R. Hasselback

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Question Posted: Feb 18, 2024 06:12 AM

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How do capital gains and Section 1231 gains enter into the computation of undistributed PHCI?

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Computing Undistributed Personal Holding Company Income PHCI incorporates both capital gains and Section 1231 gains in accordance with specific rules ...View the full answer

CCH Federal Taxation Basic Principles 2020

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