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How is the sale of inventory reported on Myra's tax return? As part of gross receipts or sales in Part I of Schedule C .
How is the sale of inventory reported on Myra's tax return?
As part of gross receipts or sales in Part I of Schedule C
As a longterm capital gain on Form and Schedule D
As an ordinary gain from the disposition of property in Parts II and III of Form
As a recaptured amount in Part IV of Form
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