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

dongudhus
Level 1

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 Comments 2
sjrcpa
Level 15

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.
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dongudhus
Level 1

Thank you...

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