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1&2 DiSCUssion 0.1, 2 Harriet, an organic farmer,...

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Accounting

1&2

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DiSCUssion 0.1, 2 Harriet, an organic farmer, has owned depreciable farm equipment for sev- Issue ID eral years. Is the equipment a capital asse? Why or why not It there is a net loss from the sale of depreciable business property held long what is the character of the loss? How is it deducted (for or from AGI? 0. term

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