Ephesians3-14
Level 8
09-10-2020
03:42 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
If I decide to sell my business in 2020 and have a $200,000 capital gain, can I choose (elect) for tax purposes to pay tax on the entire $200,000 in 2020 even though I will be paid for the business over a 7 year period?
Labels
