Question: Not all reportable transactions are listed transactions. A reportable transaction is any transaction that has the potential for tax avoidance or evasion and must be

Not all reportable transactions are listed transactions. A reportable transaction is any transaction that has the potential for tax avoidance or evasion and must be reported to the IRS. A listed transaction is a specific type of reportable transaction that the IRS has identified as abusive. Therefore, while all listed transactions are reportable, not all reportable transactions are listed transactions

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