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How to declare income from selling a website
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04-14-2007, 08:32 PM
Sniper
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Join Date: Jun 2005
Location: Finance Forum
Posts: 12,364
Re: How to declare income from selling a website
[ QUOTE ]
how about other income?
[/ QUOTE ]
There are obvious tax advantages if he can handle the sale as a capital gain, rather than ordinary income.
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