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    Federal Taxation
  4. Exam
    Exam 14: Property Transactions: Determination of Gain or Loss and Basic Considerations
  5. Question
    The Basis of Property Acquired in a Wash Sale Is
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The Basis of Property Acquired in a Wash Sale Is

Question 96

Question 96

True/False

The basis of property acquired in a wash sale is its cost plus the loss not recognized on the wash sale.

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