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  3. if a taxpayer bought a capital asset on 5/1/2023 a

If a taxpayer bought a capital asset on 5/1/2023 and sold it for a gain...

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Accounting

If a taxpayer bought a capital asset on 5/1/2023 and sold it for a gain on 5/1/2024, the gain would be a long-term capital gain.
Group startsTrue or False
True, unselectedFalse, unselected

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