Adjusting Basis for Discharged Debt Harl, Neil Harl, Neil
dc.contributor.department Iowa State University Digital Repository 2018-02-17T23:59:02.000 2020-06-29T22:51:46Z 2020-06-29T22:51:46Z 2016-10-21 1990-05-11
dc.description.abstract <p>The final step in handling discharged debt involves the reduction of the basis of the debtor's property or of the debtor's depreciable property if the debtor elects to reduce basis before reducing the other tax attributes. The timing of basis reduction is the same in all instances – basis is reduced at the beginning of the year after the year of debt discharge. The major concern with basis reduction is the order in which the debtor's assets are subject to basis reduction.</p>
dc.identifier archive/
dc.identifier.articleid 1032
dc.identifier.contextkey 9296254
dc.identifier.s3bucket isulib-bepress-aws-west
dc.identifier.submissionpath aglawdigest/vol1/iss13/1
dc.source.bitstream archive/|||Fri Jan 14 17:35:41 UTC 2022
dc.subject.disciplines Agricultural and Resource Economics
dc.subject.disciplines Agricultural Economics
dc.subject.disciplines Agriculture Law
dc.subject.disciplines Public Economics
dc.title Adjusting Basis for Discharged Debt
dc.type article
dc.type.genre article
dspace.entity.type Publication
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