Formulate a search query to determine whether your client is required to include in gross income the proceeds from redemption of a tax-exempt bond, purchased in 1998 and called by the school district this year. Redemption proceeds were $ 190,000, and the 1998 purchase price on the secondary market was $ 176,000. Give an example of an online search query using only the following Checkpoint connectors: “and,” “or,” “/ n,” and “not.”
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