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Non-compete payments should be reported by both buyers and sellers of businesses on: a. Form...

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Accounting

Non-compete payments should be reported by both buyers and sellers of businesses on:

a. Form 4562 (Depreciation and Amortization )

b. Schedule D or schedule E, whichever applies

c. Form 8597 (Asset Acquisition Statement)

d. Form 8824 (like -kind Exchanges)

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