If a distribution occurs within years of the contribution date, in a nonliquidating distribution that does not qualify for Sec. 751 treatment, the distribution event may trigger a precontribution gain or loss.

Name: If a distribution occurs within years of the contribution date, in a nonliquidating distribution that does not qualify for Sec. 751 treatment, the distribution event may trigger a precontribution gain or loss.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The Answer is B

If a Distribution Occurs Within Years of the Contribution Date