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Taxpayers May Elect to Include Net Capital Gain as Part

question 27

True/False

Taxpayers may elect to include net capital gain as part of investment income.


Definitions:

Chronic Obstructive Pulmonary Disease (COPD)

A progressive lung disease that makes it hard to breathe due to obstruction of airflow.

Wakefulness

The state of being awake and aware of one's environment, contrasted with sleep or unconsciousness.

Benzodiazepine

A class of psychoactive drugs used to treat conditions such as anxiety, insomnia, and seizures by enhancing the effect of the neurotransmitter GABA in the brain.

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