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Business & farm
So does this mean the Sect 1250 gain reported on a K-1 is a portion of the Section 1231? For instance, assume the 1231 shows $2,000 and the 1250 shows $800, is the $800 taxed at one rate and $1,200 ($2,000 - $800) taxed at a different rate? Or are both taxed in full at different rates?
Thanks
‎April 9, 2023
12:29 PM