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Excess of sales price over tax basis of a car inherited 3 months prior to sale. A. Long-term capital gain B. Long-term capital loss C.
Excess of sales price over tax basis of a car inherited 3 months prior to sale. A. Long-term capital gain B. Long-term capital loss C. Short-term capital gain D. Short-term capital loss E. Section 1231 gain or loss F. Section 1245 gain G. Section 1250 gain H. Ordinary income or loss I. Not deductible
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