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    section 1231 gains for nol

    taxdoer
    Level 3
    ‎05-09-2021 04:46 PM

    Are section 1231 gains from Line 9 on s corp non business income for nol?

     

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    1 Comment 1
    sjrcpa
    Level 15
    ‎05-09-2021 07:14 PM

    Business. A 1231gain comes from property used in a trade or business.

    The more I know, the more I don't know.
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