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Please help me with handling of the Section 263a costs on Form 1125-A. The client had Section 263a costs from PY that was on the tax balance sheet, but not on t...
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A client is selling a majority stake in his S Corporation and as per the attorney's recommendation, both buyer and seller have agreed to make the Section 336(e)...
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I spoke with a tax attorney and got an answer that's different from the responses I got on this forum.
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Please review this article:https://pollockfirm.com/section-121-deduction-qualifying-trusts/Also review thetd9030.pdf - Internal Revenue Service
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Situation - Grantor created a living trust in 2014 and the only asset in the trust was his primary home. He passed away in 2019 at which time the living trust b...
