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Individual Income Tax: Gains and Losses

Taxes

Individual Income Tax: Gains and Losses

Course 31053C · 2 hrs · CPA & EA

Understanding property transactions is essential for accurate individual return preparation. This course covers how to determine and adjust the basis of property, the rules governing sales and trades, capital gain and loss treatment, and the home sale exclusion. You'll also learn how to correctly report capital gains and losses, including key considerations for business use of a home. Ideal for practitioners who regularly handle clients with investment or real property dispositions.

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  • Hours: 2
  • Exam questions: 10
  • Eligible for: CPA & EA
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NASBA Area: Taxes

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Individual Income Tax: Gains and Losses
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