If a gain is realized on the involuntary conversion of property,the gain may be deferred if qualifying replacement property is acquired within a specified time period at a cost equal to or greater than the amount realized on the involuntary conversion.
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Q45: A taxpayer may elect to defer recognition
Q50: Indicate with a "yes" or a "no"
Q51: The involuntary conversion provisions which allow deferral
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Q57: In an involuntary conversion,the basis of replacement
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Q1812: Indicate with a "yes" or a "no"
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