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For purposes of IRC 1033 treatment, a taxpayer who acquires replacement property from a related party to replace involuntarily converted property in 2020 may

For purposes of IRC 1033 treatment, a taxpayer who acquires replacement property from a related party to replace involuntarily converted property in 2020 may not have more than of aggregate realized gain. A. $50,000 O B. $100,000 $125,000 O D. $150,000

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