{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-29T14:18:11-04:00", "answer_date": "2024-05-29 14:18:11", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1890020", "url": "\/study-help\/questions\/fill-in-the-blank-question-the-section-1231-lookback-rule-1890020", "question_creation_date_js": "2024-05-29T14:18:11-04:00", "question_creation_date": "May 29, 2024 02:18 PM", "meta_title": "[Solved] Fill in the Blank Question The Section 12 | SolutionInn", "meta_description": "Answer of - Fill in the Blank Question The Section 1231 look-back rule indicates that when a taxpayer recognizes a net Section 123 | SolutionInn", "meta_keywords": "fill,blank,question,section,1231,-back,rule,taxpayer,recognizes,net,gain,year", "question_title_h1": " Fill in the Blank Question The Section 1231 look-back rule indicates that when a taxpayer recognizes a net Section 1231 gain for a year,", "question_title": " Fill in the Blank Question The Section 1231 look-back rule indicates", "question_title_for_js_snippet": "Fill in the Blank Question The Section 1231 look back rule indicates that when a taxpayer recognizes a net Section 1231 gain for a year, the taxpayer must look back to the year period preceding the current year to determine if there are any unrecaptured Section 1231 losses If there are losses, the Section 1231 gain in the current year must be recharacterized as to the extent of the unrecaptured loss ", "question_description": "\"image", "transcribed_text": "Fill in the Blank Question The Section 1231 look-back rule indicates that when a taxpayer recognizes a net Section 1231 gain for a year, the taxpayer must look-back to the -year period preceding the current year to determine if there are any unrecaptured Section 1231 losses. If there are losses, the Section 1231 gain in the current year must be recharacterized as to the extent of the unrecaptured loss.", "related_book": { "title": "Intermediate Accounting", "isbn": "9780470587232, 470587288, 470587237, 978-0470587287", "edition": "14th Edition", "authors": "kieso, weygandt and warfield.", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/51.jpg", "uri": "\/textbooks\/intermediate-accounting-14th-edition-51", "see_more_uri": "" }, "free_related_book": { "isbn": "0345408934", "uri": "\/textbooks\/mother-nature-maternal-instincts-and-how-they-shape-the-human-species-1st-edition-978-0345408938-262182", "name": "Mother Nature Maternal Instincts And How They Shape The Human Species", "edition": "1st Edition" }, "question_posted": "2024-05-29 14:18:11", "see_more_questions_link": "\/study-help\/questions\/business-economics-2023-September-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/questions\/sarah-works-for-an-accounting-company-she-has-a-lot-656134", "description": "Sarah works for an accounting company. 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