Wherewithal to pay represents the principle that a realized transaction should require a taxpayer to sell other assets in order to pay income taxes.

Name: Wherewithal to pay represents the principle that a realized transaction should require a taxpayer to sell other assets in order to pay income taxes.
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Wherewithal to pay represents the principle that a realized transaction should generate enough funds to pay income taxes, without requiring the taxpayer to sell other assets.

Wherewithal to Pay Represents the Principle That a Realized Transaction