Question: What are the differences between realized and recognized gains and losses option and realize transactions reflect whether it is taxable or not recognized means it

What are the differences between realized and recognized gains and losses option and realize transactions reflect whether it is taxable or not recognized means it is taxable option be realized gains losses determines whether is it taxable or not recognize gain or losses are selling prize is better than adjusted basis option she realized transactions have taken place recognize transactions have not option do you realize gains loses like that effects of a sale recognize determines if it is taxable or Not

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