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Augustus1 Augustus1
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7 years ago
If a taxpayer has a net Sec. 1231 gain, Secs. 1245 and 1250 must be applied first to determine any amounts recaptured as ordinary income and any excess gain may then receive long-term capital gain treatment.
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Prentice Hall's Federal Taxation: 2011: Individuals

Prentice Hall's Federal Taxation: 2011: Individuals


Edition: 14th
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We do not judge the people we love.

Prentice Hall's Federal Taxation by Kramer
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Yoko900Yoko900
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Augustus1 Author
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#2
7 years ago
Your explanation helped, amazing amazing!
We do not judge the people we love.

Prentice Hall's Federal Taxation by Kramer
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