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E Bennett

per a buy sell agreement drawn up for my ex husbands family vitamin company, I am to receive 50% of the book value of his share of the corporation's stock incident to our divorce.

My questions are:
1. The long term capital gain rate for assets held for 5 or more years and sold in 2011 18%?

2. It is an installment sale, therefore the cap gain rate I will apply with be the applicable rate for the year in which I receive the payments?

3. Can I elect out of installment method of reporting and report 100% of the gain in 2011?

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This is the right thing to do and this blog will be a big help for that report.


Accounting and recording your gains and losses are a good way of maintaining balance on your assets.
It is the right thing to do.

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This is a good way to trace on your expenses and your money usage and so as budgeting.

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Does your website have a contaqct page? I'm having trouble locating it but, I'd like to shoot you an email. I've got some ideas for your blog you might be interested in hearing. Either way, great website and I look forward to seeing it grow over time.

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