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Level 2
March 2, 2022
Question

In a Section 1202 capital transaction, did you provide addition info to the IRS under separate cover?

  • March 2, 2022
  • 2 replies
  • 13 views

Did you provide additional documentation to support your claim that a capital transaction was a Section 1202 transaction and that all capital gain was excludable?

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2 replies

sjrcpa
Level 15
March 2, 2022

No. Who would look at it? Keep the documentation in the file in case IRS comes calling.

The more I know the more I don’t know.
dongudhusAuthor
Level 2
March 4, 2022

Thank you...