When a sole proprietorship is sold, how is it treated for tax purposes?

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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 05:34 AM

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When a sole proprietorship is sold, how is it treated for tax purposes?

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When a sole proprietorship is sold the tax treatment depends on several factors including how the sale is structured and the assets involved Here are ...View the full answer

CCH Federal Taxation Basic Principles 2020

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