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Identify the rule dictating that on a sale of an asset a taxpayer need only include the incremental gain in gross income rather than the
Identify the rule dictating that on a sale of an asset a taxpayer need only include the incremental gain in gross income rather than the entire proceeds from the sale:
Multiple Choice
tax benefit rule.
constructive receipt.
return of capital principle.
wherewithal to pay.
None of the choices are true.
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