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Assuming a taxpayer has no other gains or losses for the year, a loss from the theft of a Section 1231 asset is treated as a capital loss.A. True B. False

Assuming a taxpayer has no other gains or losses for the year, a loss from the theft of a Section 1231 asset is treated as a capital loss.A. True B. False
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Assuming a taxpayer has no other gains or losses for the year, a loss from the theft of a Section 1231 asset is treated as a capital loss.A. True B. False

User Jim Cox
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5 votes

Thanks for points.✌️✌️✌️

User Martin Clarke
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