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    Exam 15: Property Transactions: Nontaxable Exchanges
  5. Question
    Section 1033 (Nonrecognition of Gain from an Involuntary Conversion) Applies
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Section 1033 (Nonrecognition of Gain from an Involuntary Conversion) Applies

Question 69

Question 69

True/False

Section 1033 (nonrecognition of gain from an involuntary conversion) applies to both gains and losses.

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