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A farmer sells his land while the soybean crop is still growing. The farmer will be allowed Sec 1231 treatment on the unharvested soybean inventory.

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A farmer sells his land while the soybean crop is still growing. The farmer will be allowed Sec 1231 treatment on the unharvested soybean inventory. True False 2 points QUESTION 3 A fiscal year is a 12-month period that ends on the last day on any month except December. True False

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