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    Federal Taxation
  4. Exam
    Exam 28: Property Transactions: Nontaxable Exchanges
  5. Question
    All or Part of Gain Realized on an Involuntary Conversion
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All or Part of Gain Realized on an Involuntary Conversion

Question 29

Question 29

True/False

All or part of gain realized on an involuntary conversion is deferred but not permanently excluded if qualifying replacement property is acquired within the requisite period of time.

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