Amount realized

Amount realized, in US federal income tax law, is defined by section 1001(b) of Internal Revenue Code. It is one of two variables in the formula used to compute gains and losses to determine gross income for income tax purposes.

Source: Wikipedia — Amount realized (CC BY-SA 4.0)

Amount realized

Amount realized, in US federal income tax law, is defined by section 1001(b) of Internal Revenue Code. It is one of two variables in the formula used to compute gains and losses to determine gross income for income tax purposes.

Source: Wikipedia "Amount realized" · CC BY-SA 4.0

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