Thank you, Patricia. But, I have an additional related question. §731(a)(1) says that "gain shall not be recognized to such partner, except to the extent that a...
570 is not a reversal of 846. 846 is reversed by 841 (and, possibly others, but not 570). 570 freezes the account from refunding (temporarily). A 571 or in cert...
Generally speaking, 570 means that your account is (temporarily) frozen from refunding. There are, of course, many reasons for that, and the 570, by itself, doe...
