Discussion Post: Capital Gain & Losses
Review the Capital Gains and Losses information in the?Tax Guide 2020 Publication 17 [PDF] located on the IRS website.
a) Analyze the current IRS rules related to capital gains and losses on the sale of real property. Based on your analysis, take a position as to whether you believe the current rules are fair to individual taxpayers. Recommend at least two changes that would make the rules fairer for individual taxpayers.
b) Support your recommendation with examples of such changes and provide support for your recommendations
The response must include a reference list. One-inch margins, double-space, Using Times New Roman 12 pnt font and APA style of writing and citations.