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If an investor sells appreciated stock of a publicly traded company and then uses the proceeds to purchase common stock or a partnership interest in
If an investor sells appreciated stock of a publicly traded company and then uses the proceeds to purchase common stock or a partnership interest in a specialized small business investment company (SSBIC) within a 60-day, and thus does not have to recognize capital gains in the current tax year, what is the income tax planning technique used by the investor? gain deferral. loss recognition. loss exclusion. gain exclusion. Page 9 of 21
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