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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 gainloss on an asset for tax purposes?
Group of answer choices
Every year you must report your unrealized and realized gainlosses 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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