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t what point do you calculate the gain / loss on an asset for tax purposes? Group of answer choices Every year you must report

t what point do you calculate the gain/loss on an asset for tax purposes?
Group of answer choices
Every year you must report your unrealized and realized gain/losses on your tax return.
Only in the year the asset is sold.
At any time the asset's fair market value changes.
Only when the IRS asks for it.

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