$1$

$-$

Your

$1$

$0$

$4$

$0$

$$client sold her business to her son for a $

$3$

$0$

$,$

$0$

$0$

$0$

$$loss$.$ What is the tax impact?

$2$

$-$

Your client is filing MFJ and has sold a house for a gain of $

$5$

$0$

$,$

$0$

$0$

$0$

$.$

$$They lived in the house for the past

$3$

$$years$.$ How much of that is taxable?$1$

$-$

Your

$1$

$0$

$4$

$0$

$$client sold her business to her son for a $

$3$

$0$

$,$

$0$

$0$

$0$

$$loss$.$ What is the tax impact?

$2$

$-$

Your client is filing MFJ and has sold a house for a gain of $

$5$

$0$

$,$

$0$

$0$

$0$

$.$

$$They lived in the house for the past

$3$

$$years$.$ How much of that is taxable?