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    Fundamentals of Taxation
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    Exam 12: Special Property Transactions
  5. Question
    The Election to Defer a Gain Under the Involuntary Conversion
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The Election to Defer a Gain Under the Involuntary Conversion

Question 24

Question 24

Multiple Choice

The election to defer a gain under the involuntary conversion rules is reported on:


A) Form 4797.
B) Form 1040,Schedule A.
C) Form 1040,Schedule D.
D) No form is used.An election is attached to the tax return.

Correct Answer:

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