Question
The election to defer a gain under the involuntary conversion rules is reported on: Multiple Choice Form 4797. Form 1040, Schedule A. Form 1040, Schedule
The election to defer a gain under the involuntary conversion rules is reported on:
Multiple Choice
Form 4797.
Form 1040, Schedule A.
Form 1040, Schedule D. Incorrect
No form is used. An election is attached to the tax return.
**C is nit the correct answer**
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Fundamental financial accounting concepts
Authors: Thomas P. Edmonds, Frances M. Mcnair, Philip R. Olds, Edward
8th edition
978-007802536, 9780077648831, 0078025362, 77648838, 978-0078025365
