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  3. Study Set
    Fundamentals of Taxation
  4. Exam
    Exam 7: Capital Gains and Other Sales of Property Schedule D and Form 4797
  5. Question
    If Section 1231 Losses Exceed Section 1231 Gains,the Excess Is
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If Section 1231 Losses Exceed Section 1231 Gains,the Excess Is

Question 8

Question 8

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If Section 1231 losses exceed Section 1231 gains,the excess is treated as an ordinary loss.

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