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  3. Study Set
    Federal Taxation
  4. Exam
    Exam 10: Property Transactions: Determination of Basis and Gains and Losses
  5. Question
    For Purposes of the Related Party Rules, the Taxpayer's Parents
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For Purposes of the Related Party Rules, the Taxpayer's Parents

Question 27

Question 27

True/False

For purposes of the related party rules, the taxpayer's parents are "related persons," but the taxpayer's siblings (brothers and sisters) are not.

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