LO.2 An individual taxpayer had a net 1231 loss in 2009 and a net 1231
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LO.2 An individual taxpayer had a net § 1231 loss in 2009 and a net § 1231 gain in 2010, 2011, and 2012. What factors will influence whether any of the 2012 net § 1231 gain will be treated as long-term capital gain?
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Related Book For
South Western Federal Taxation 2013 Individual Income Taxes
ISBN: 9781133189558
36th Edition
Authors: William Hoffman, James E. Smith
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