All of the following are deferral provisions except:
A) Sale of a personal residence
B) Like-kind exchange
C) Exchange of a life insurance contract for an annuity contract
D) Property transfers pursuant to divorce proceedings
Correct Answer:
Verified
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Q39: Elizabeth exchanges an office building valued at
Q40: James corporation exchanges a building (fair market
Q41: Four shareholders form a new corporation in
Q42: Marvin sold his sister, Sue, some stock
Q44: Four shareholders form a new corporation in
Q45: Lucas transfers investment land to a corporation
Q46: On January 31, year 6, Roy sold
Q47: As part of a divorce decree, Janet
Q48: Simon purchased 1,000 shares of ABC stock
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