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November 4, 2022

Capital gains and losses

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Review the Capital Gains and Losses information in the Tax Guide 2021 Publication 17 [PDF] located on the IRS website.

• Analyze the current IRS rules related to capital gains and losses on the sale of real property. Based on your analysis, take a position as to whether you believe the current rules are fair to individual taxpayers. Recommend at least two changes that would make the rules fairer to individual taxpayers.

• Support your recommendation with examples of such changes and provide support for your recommendations. Your sources must have an URL link for reference.

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