Session Details 6-* Module 3 Chapter(s) 1 - 5 LOs 3-1 Identify the type of property in a situation. 3-2 Analyze a situation to determine the correct treatment for property-related…

Session Details 6-* Module 3 Chapter(s) 1 - 5 LOs 3-1 Identify the type of property in a situation. 3-2 Analyze a situation to determine the correct treatment for property-related…

Information Provided (2015) Personal exemptions are $4,000. Standard deduction amounts are: Single: $6,300 Head of household: $9,250 Married filing jointly: $12,600 Married…

Chapter 11 1. The amount realized is the sale proceeds less the adjusted basis. True False 2. Generally, the amount realized is everything of value received in a sale less…

Chapter 7: Property Dispositions Property Dispositions Chapter 7 7 - â¹#⺠Tax Impact on Cash Flow Taxes paid on a recognized gain reduce net cash flow Tax savings generated…